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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Last
8,285.2 |
Change
61.200(0.74%) |
Mkt cap ! n/a |
Open | High | Low |
8,224.0 | 8,285.2 | 8,224.0 |
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Will Souter, CFO
Will Souter
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