I would appreciate comment from others on Turn Dates.
TODAY IS THE 21ST
In my mind it is a very significant day for the Australian sharemarket.
Why ?
For at least the last Twelve months there has been a significant TURN in the sharemarket two days either side of the 20th.
But only every TWO MONTHS.
So today and possibly tomorrow it is very likely we will see another TURN,either up or down.
I have no idea whether the turn will be up or down but will likely last for TWO MONTHS !(To March 20)
Tomorrow should tell us which way.
Is there any validity to this ?
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