Hi friends,
Time to close that vibration thread, and open this new thread...is that ok?
Here's the cycles chart to show where we are today and the possibilities of the cycles providing trading opportunities:
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Observations
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1. We have just moved into the time window for bottoming for long term cycles (100 to 200 days)- suggesting possibilities for trading for those looking at a longer term perspective
2. The short term cycles( below 100 days ) are still poise downwards while long term cycles are bottoming. This suggests downwards influence to be moderated by the long term cycle.
3. Better times ahead once the short term cycle bottoms as marked by the blue bar below the cycle chord length as the short term cycle up will occur when the long term cycle is already in confirmed uptrend by then. In short, both long term and short term cycles will be uptrend as marked by the arrows on the chart. Please see the chart for both arrows showing uptrend then.
4. That projected bottom day can be obtained by counting the gann vibration number 49 days from the last known low or pivot as indicated on the bar chart--note the number of days from low to low and peak to peak for the XJO has ranged around 3 days from the gann vibration number ( plus or minus), so we are talking about a time window from that computed date, and NOT a specific date. So for those who wish to do some counting, have fun!
Have a great trading week ahead and happy Easter:)
dascore
XJO
s&p/asx 200
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a look at cycle possibilities-long & short
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