XJO 0.30% 7,987.9 s&p/asx 200

end of the bear bounce friday, page-4

  1. 17,444 Posts.
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    Just a little note for Armstrong date watchers.

    Apparantly there is detailed release of US rescue plan or something along those lines due to be given on April 20.

    Perhaps someone here knows more.

    Of course apart from the turn date it is also a nice Gann 45 days from the US low.

    The 1998 low saw the market climb more or less straight up for the 6 weeks so I suppose it is possible here. A few have been mentioning quarter end window dressing.

    It doesn't look like the US will produce the big reversal day for day 13 so that adds to the idea of a larger move.

 
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