I thought I would have a look at the cyclical forecast from back in 2011 and see if I could bring it into line with the last 12 months action. It looked like I was missing a cycle and as it turned out I added 144 and 360 week cycles to get it somewhere near where it looked OK. I tried to reduce the huge correction but I cant seem to get rid of it no matter what I do. I have no idea if it will be correct, it was just an excecise.
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I thought I would have a look at the cyclical forecast from back...
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Last
7,831.8 |
Change
91.900(1.19%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,739.9 | 7,835.7 | 7,739.9 |
| XJO (ASX) Chart |