beautiful friday, page-4

For those of you following T Theory this may be of interest.

I have updated my T Theory chart this morning and have formed a new small T.

Using a conservative approach (not splitting the double bottom, but using the first low point) I have 2 July for the right side of the T. Splitting the volume oscilator bottom I get the 15 July for the right side of the T.

The long term T has the 26 August as the top, so maybe we have a dip in mid July (or there abouts) and then form a new shorter T for the rise into late August.

I have also been charting the XJO and I have very similar dates as above - 2 July (conservative) and the 16 July after splitting the bottom.

I did note that Laundry recently said that the end of a long term T can be messy, so maybe these dates are largely irrelevant.