XJO 0.84% 8,136.2 s&p/asx 200

expect the 'unexpected 'nine'....i agree the formations look...

  1. 1,374 Posts.
    expect the 'unexpected 'nine'....

    i agree the formations look similar,
    but the timing / cycles are out...

    also u have an inverted flat pattern in 2008
    which was part of an 18 mth corrective phase
    which completed roughly a 7 year cycle from 2002...

    ATM we have a potential diamond pattern after only
    roughly three years from 2009 low, a little early
    for a prolonged correction in the longer term cycle...

    for example the 'vix' which i posted
    a little while ago...
 
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