XJO 0.80% 7,733.7 s&p/asx 200

Black Cat Thursday, page-26

  1. 485 Posts.
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    G'day Tanotfa,
    Thank you for your considered reply.
    You are indeed correct. In my haste to post that message I relied on the software to give me the 144 count. May to June could never be 144 months ... DOH!

    You make good points and could well prove to be correct. Time will tell. I cannot argue that 128 weeks is working well. 50% of 16 sq.  

    As I alluded to re the big year cycles - we are a whisker away from 30 year anniversary of the 1987 top. August 25 in the US and September 18 in Oz plus a multitude of other anniversaries.
    And of course a total solar eclipse early am on 22 August (UTC +10).

    Looking at the weekly swing chart the trend has changed from down to uncertain and today to up. By no means definitive at this stage though.

    XJO weekly swing.PNG

    Cheers
    Woohoo.
 
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