XJO 0.31% 7,850.7 s&p/asx 200

There is a 62 month cycle on XJO and this May was a high in the...

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    There is a 62 month cycle on XJO and this May was a high in the cycle like Sep 1987.

    The first chart is of 1987 with 19 days down before crashing. It took those 19 days to get 2 closes below the purple ma which is my handwritten one then it crashed.

    The second chart is now and it has only taken 10 days to get 2 closes under the purple ma.

    I CAN ARGUE THAT CRASH DAY IN 1987 was the peak day of Armstrong cycle leg 1 up and so there was nother left to hold it up and the other major cycles were already pointing down.

    This is not the case here but still a worry of some degree.




 
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