XJO 0.86% 7,829.7 s&p/asx 200

Hi friends,An attempt to show intraday cycles of XJO on a 5 min...

  1. 1,268 Posts.
    Hi friends,

    An attempt to show intraday cycles of XJO on a 5 min chart - note the actual cycles are in red superimposed on the projected cycles. They are very "fitting" for the past 3 days, indicating the cycles are stable and are amenable for forecasting.

    Well, let's see whether there is that projected intraday CIT at approx 2.45 pm thereabouts ...cycles are notorious for being inaccurate for short intraday periods:(

    This chart posted just for common interest, it may or may not occur, and is very much an "experiment" at the present moment.



    Cheers

    dascore
 
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