XJO 0.22% 7,750.7 s&p/asx 200

JD,i use hursts cycle theory which suggestsstocks, indicies,...

  1. 1,374 Posts.

    JD,

    i use hursts cycle theory which suggests
    stocks, indicies, commodities etc
    have a 'commonality' which means they
    generally move together in the same
    cycle sequence, but not necessary exactly
    in sync, they can be in different phases
    and shifts with varying degrees of up or down
    moves etc...

    if u look at the shanghai index it is already
    at a low so it may not be as dramatically
    affected as the dax which is more at a high...

    the xjo is 50/50 as there still is a short
    term triangle in play so its horses for
    courses depending on where the cycle is
    (short/long term) on the index/stock etc
    u trade

    i believe its the sum of factors rather than
    fundamentals alone that influence price moves
    hence why there are 'disconnects' from time to time...

    I have spoken about the above chacteristics
    before with volt and treggs and a few others...

    and yes im in perth (land of ned), just email if
    u want a private chat...
 
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