XJO 0.80% 7,733.7 s&p/asx 200

Hi friends,Long time away ....we meet again!Anyone else still...

  1. 1,268 Posts.
    Hi friends,

    Long time away ....we meet again!

    Anyone else still looking for ellipses chart on the XJO? How are things looking? Can we get some information by using the ellipses chart? I have taken the liberty to plot a cycle chart on it as well. Hope this chart is useful to some.

    Here's an update:

    Points 9 and 5 on the chart represents possible exhaustion points ( ie small tops and bottoms ) using a count system almost similar to Tom Demark countdown.

    Observation: We are within the time window for a CIT ( change in trend) - possibly a bottom soon.

 
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