well things are getting interestinger and interestinger in the fibonacci time world. in 2010 we saw a double bottom mid year. May 21st was the XJO low and July 1 was a double bottom higher low for the XJO but was the year low for the US. A day count from 1/7/2010 to the Friday Feb 18th high in the US was 232 days...so the saturday would have been fib 233 days. A 38.2% time extension from the Feb 18 high will bring us within a day of my 1.618 time extenion of the 495 day XJO GFC bear market due on May 21 date which I have for a year now been predicting as a major date for the XJO. And a 50% time extension brings us to within a day of the Armstrong 8.6 year cycle low which is also the 1.618 time extension for the US 512 day GFC bear market.
I have been suspecting that these 2 dates will be a double bottom being so close to the Armstrong low. This chart is just a little more circumstantial evidence for my case as the due dates approach![]()
- Forums
- ASX - By Stock
- XJO
- ready for monday
XJO
s&p/asx 200
Add to My Watchlist
0.28%
!
8,807.1

ready for monday
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
8,807.1 |
Change
-24.300(0.28%) |
Mkt cap ! n/a |
Open | High | Low |
8,831.4 | 8,831.4 | 8,790.3 |
Featured News
XJO (ASX) Chart |