Hi friends,Another interesting example of the use of the golden...

Hi friends,

Another interesting example of the use of the golden spiral/vortex--- this morning's session 5 min intraday chart of XJO showing golden spiral/vortex at C, spiral at B and a spoke at A and the short term intraday cycle nailed the temporary low ( time and price )( pink circle) at around 1200 hours ( noon) as seen in the chart below:



Incidentally, you can also note there is a cycle CIT (short term top) at approx 1455 hours ( around 2.55 pm )from the same intraday chart.

This chart is posted for those who are interested to do their own golden spiral charting..cheers!

dascore