XJO 0.86% 7,829.7 s&p/asx 200

Fleta,Here is an extract showing harmonic number sequence.By...

  1. 1,929 Posts.
    Fleta,

    Here is an extract showing harmonic number sequence.
    By dividing the closing high and low on the xjo from Nov 07 and March 09 on a daily basis by 8, we have moved through those divisions in an harmonic sequence every time exept Aug 2010 which was 6 days sooner. This had me thinking the market was pricing in a Liberal election win.
    The next sequence on the chart is 216 and lands on 6th April 2011. This method only provides a possibility of that move and can be in either direction.
    Sept 2nd was the start of the last day count.

    Apart from reading a couple of market psychology books most of my market knowledge has been gleaned from this forum by applying left field thinking.

    The amount of knowledge available here is outstanding and just requires application.
    This extract is just another tool added to my kit.

    Thank you all again.

    P.
    Harmonic sequence
 
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