XJO 0.00% 7,769.4 s&p/asx 200

tenacious thursday

  1. 3,128 Posts.
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    OK, so Aug 15 meant to be a turn date. A new low and supposed Key Reversal Up day.

    And Mclaren report has this:

    Using the history of the past 110 years of trading there are two distinct probabilities that have developed. If this fast trend continues it will last to a minimum of August 21st through 24th and declining 14% to 18%. If there is going to be a secondary high there would still be another new low possibly to 1419 followed by a rally into the time window of September 3rd through 5th followed by a larger decline at a minimum 20%. If the trend is down those are two very high probabilities based upon the history of trading in both “price and time.”

    If this 1419 turns out to be the low til early sep, I'm going out straight away to get all the books on Gann I can find, and also a subscription to Mclaren report...
 
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