The chart below is a monthly XJO.
I was disappointed that the slow stoch didn't get below the blue line earlier.
You can see that sometimes there is a little hiccup near the line before it goes under.
On those occasions the last move down has been 3 to 5 months.
5 months would be October and I have always had that time here for a possible low.
3 months would match the vertical red line which is a 53 month cycle that has a lot of hits.
I still think the US should more positive but...![]()
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The chart below is a monthly XJO.I was disappointed that the...
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Last
7,993.1 |
Change
71.800(0.91%) |
Mkt cap ! n/a |
Open | High | Low |
7,921.3 | 8,000.0 | 7,921.3 |
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XJO (ASX) Chart |