descending triangle, page-104

We got a top on Dec 8 which was good for a Mar 15 low based on Flanagan's 3 months and 7 days.

The 6 week cycle top for Dec 15 to 17 came in.

The Dec 29 top worked on SPI here if not XJO and SPX so being a bit cheeky perhaps.

I would still settle for Jan 2 as a high but after that it invalidates the March low probably and would send me back to April 20ish high although Mr Laundry would be worrying me.

I see Flanagan has 2 lows for various things in Mar/Apr. One appears to be about Mar 10 and the other about Apr 20.

The first we have discussed and the second would be Armstrong's right shoulder of his std H&S pattern. The right shoulder is equivalent to Sep 2000 in the US and is when the decline started seriously for the general market.