Markets are working to a square of 90.
Top on Nov 1st. Look for 1/8ths and 1/3rds.
1/8 of 90 is 11 cal days or Nov 12 when we had a low leading to first decent rally.
2/8th of 90 is 22 cal days or Nov 23rd when we had the low and this rally.
1/3rd of 90 is 30 cal days or Dec 1st(tomorrow so Nov 30 or Dec 3rd).
Then 3/8ths or Dec 5th.
4/8ths or Dec 16th.
etc.
US markets also working same principle from Oct 11th.
friday fumblings, page-50
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Last
8,212.2 |
Change
8.500(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,203.7 | 8,225.5 | 8,203.7 |
| XJO (ASX) Chart |