Just been reviewing some old charts to see how they worked out.
This one caught my eye.
It is an XJO Chart using Action Reaction Lines.
It was first drawn in early February & was my first post on the XJO thread (I think).
The idea is that the Index may pivot when it meets the AR Line.
It is interesting how the Index will follow a AR Line for a period almost exactly.
I also find it interesting that the AR Lines can go out of sync, and the trend appears broken, then weeks later come back the the old trend.
XJO AR Lines
cheers
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