XJO 0.55% 7,629.0 s&p/asx 200

Today/tomorrow is 7/8th of an Armstrong cycle (3142 days or pi x...

  1. 4,155 Posts.
    Today/tomorrow is 7/8th of an Armstrong cycle (3142 days or pi x 1000 days) from the GFC low 6 March 2009. 3/4 was the August 24 panic low last year and there was at least one other another spot on hit for a turn a few years ago, in June, from memory (I went an checked and it was 24 June 2013). Helps explains for me why the NDX hit a new all time high last session even after that big turn at 72 days from Brexit low, middle of the week before last. Also interesting with Fed tomorrow. Still long bias Aussie/Yen. If my reading of the chart is accurate, the BoJ should be bringing out some heavy artillery tomorrow.
 
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