XJO 0.24% 8,140.9 s&p/asx 200

friday trading, page-4

  1. 17,444 Posts.
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    Well, that was 155 cal days from the Jan low on the Sp500.

    At one stage I suggested it was maybe a day earlier because I looked at a 24 hr trading chart which gave the earlier day.

    The 56 days down from a BKX top is Friday night and that seemed to suggest a capitulation as the combination of both in the past has seen similar.

    The normal expectation would be for a rally but tonight might start lower first.

    It would be exciting if this is an important low as it would allow the next to be about Nov 28ish and that would also be 392 cal days from our top which is 1 Armstrong leg and the exact length of our 2002/3 decline.

    I have to look at Carolan's crash date scenario as well. That calcs at 7 new moons and 29 days after the March equinox so it will be interesting to see where that is. Obviously it has to be in Oct or Nov some time. Eclipses become important as well.
 
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