XJO 0.74% 8,285.2 s&p/asx 200

To the chart enthusiasts,Game to try out the golden...

  1. 1,268 Posts.
    To the chart enthusiasts,

    Game to try out the golden spiral/vortex for this pullback, perhaps during this weekend?

    Here is the latest chart of XJO with the projected short term cycle ( assuming the cycles remain stable for a large degree and do not get out of phase ) and the golden spiral/vortex placed at C, with a spiral at B and a spoke at A - the standard charting.



    The projected cycle bottom should provide us the expected time of arrival forecast, and the golden spirals/vortex should provide us the expected price levels forecasts. ( There are 3 possible price levels - the likely, the most likely and the possible but less likely- not shown on this chart - can you identify them?).

    You can possibly print out the chart and then track it manually to see how things work out. Alternatively, it will likely be the price level/price cluster that you can project from using your normal fibonacci price projections...

    Let's see how the play works out into the future...

    Cheers

    dascore
 
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