XJO 0.38% 8,224.9 s&p/asx 200

haspetes's - flat tops = drops thursday, page-40

  1. sck
    3,388 Posts.
    arvo fellow punters......

    having a look at the XAO ......for a change.....

    based on Price and Time.....

    come up with the following Medium term Targets.....

    using 9th August as starting low, we see we had an advance of 643 points to high point on the 28th October.....

    moving to the 7th March, 2012....which was the last time the XAO challenged the Support line starting at the 9th August low, we have a Day count of 211......

    next add 211 days to the 28th October, and we get the 26th MAY 2012, which is a Saturday.....so I guess near that date is close enough.....

    by adding the 643 points to the low on the 7th March of 4234, we end up with a Target of 4877...

    so there we have it....

    will be looking for 4877 or thereabouts in late MAY.......

    Of course....just speculation.....anything and everything will probably and possibly occur

    sck




    I posted this on Sunday.......

    just reading VOLT's post this arvo..

    I thought that it may offer a different point of view regarding the 26th May.........

    of course...I don't put too much validity on trying to Fortune Tell...but never the less....see how it pans out...

    forever
    sck

 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.