Thank you all for an interesting thread. I can not get into degrees and cycles, and perhaps the absolute application of Guru target dates (but is is useful to see the another approach), but I'm happy to use images to suggest future market movements. FWIW many indicators are suggesting a loss of market momentum ATM, and the chart below shows a peak in ADX with +ve & -ve DI converging suggesting a pull back to 4,300 (similar to what happened in May) if not further this time IMO.
Daily XJO with DMI:
francincense friday, page-95
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Last
8,212.2 |
Change
24.800(0.30%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,187.4 | 8,242.8 | 8,187.4 |
| XJO (ASX) Chart |