XJO 0.67% 8,150.0 s&p/asx 200

Yet another reason for a top at this time based on 3 things. The...

  1. 10,919 Posts.
    Yet another reason for a top at this time based on 3 things.
    The 63 day cycle, the inner cycle of the bugle formation posted before and 144 days from the 10-3-09 low[1-8-09].

    2 charts, firstly the pair of 63 day cycles separated by 17 days[both calendar days]



    Now a close up of the last 5 months with 4 cycles within the bugle formation in different colours. It's the time that's matching in this instance with the cycle down the same as the cycle up in market days, to keep it simple and the first one being less than perfect at 8 and 5.

    March - April 8 and 5
    April - May 8 and 8
    May - June 11 and 12
    June - July 18 and 17

 
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