XJO 1.29% 7,861.2 s&p/asx 200

chart update- historical cycles make it easier

  1. 1,268 Posts.
    Hi friends,

    First the necessary preliminaries:

    There is NO forecasting in this chart and zero fundamental content.The chart is NOT suitable for fundamental investors and long term position traders. Please skip if you are a fundamental investor or a long term position trader.

    Now, on to the discussion:

    As we have been mapping the progress of the XJO by plotting the slope of the cycle sums in degrees, I thought it might be useful to those who are following the charts and would like an update to see exactly where we are within the trade, and whether it is the most probable time to enter, exit, hold or otherwise.



    Hope this chart is useful, and may the best prices be yours.

    dascore

 
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