To be precise.
Armstrong cycle is Pi X D where D is 1,000 days.
That is 3141 days or 8.6 years.
4/12ths is then 1047 days.
6/03/2009 + 1047 = 17/01/2012 to be precise.
A turn is possible here and since 3/12ths was a high it could be a low.
Is the biggish SPX futures gap forming now a runaway?
Maybe but many more indications are for a top, short term or otherwise.
It has bugged me that longer term US indicators appear on the bullish side whilst AUS seem decidely bearish.
Hopefully now BiggD is back the markets will come out of hibernation.
- Forums
- ASX - By Stock
- XJO
- disco, pauley & pisces - tuesday
disco, pauley & pisces - tuesday, page-18
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
8,013.4 |
Change
31.000(0.39%) |
Mkt cap ! n/a |
Open | High | Low |
7,982.4 | 8,030.3 | 7,982.4 |
Featured News
XJO (ASX) Chart |