XJO 0.86% 7,829.7 s&p/asx 200

squares, squares and future squares....

  1. 1,268 Posts.
    Hi friends,

    A bit of discussion recently on squares in the Charts forum. So here's my contribution to the chatter - I've drawn some past "squares" -just a sample, not all - enclosing the highs and lows of certain ranges drawn on a chart of XJO scaled to square. What do we find?

    What did the end of these squares do? End of the squares picked the turning points (red dots):)



    Now, shall we have some more squares drawn to show their completion points ( the ends of the squares ) into the future? Let me blow up the end part of the chart for easy vision:)



    We get 3 distinct end of square points denoting possible separate turning points in quick succession - possibly a short peak, a short pullback to bottom and then to peak again, shall I venture to say?

    23 May
    26 May
    Either 30 or 31st May

    Have fun with squares...and be entertained for the weekend!

    dascore
 
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