Hi friends,XJO- Master Time Factor...

Hi friends,

XJO- Master Time Factor Forecast
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Here's a chart update of the Master Time factor forecast of the XJO as a broad market indication. The last update was in Post number 6385935 for those who are following the charts, and might have missed it.

As you can see, the Master Time Factor Forecast (blue line) is showing a possible bottom on or near to the 2nd March 2011 which was yesterday...which is marked as a yellow circle on this updated chart. The forecast chart indicates the timing and direction and not the magnitude .

Will we take a rebound from now, or will we move along with the general market expectation that there's more to fall?



This is of course just a forecast and is not a certainty. With a lot of trepidation and fear in the market overall that there's more to fall, it will be interesting to see how this forecast goes.....so let's watch:)

Trade well, trade safe.

dascore