Totters and Rob here are my thoughts on QBE.
I have a turn date coming up on the 3rd dec so we will see how it goes.
Firstly circles again looking at the first high off the low 3 o'clock according to jenkins of the circle can be a turn date and as you can see it nailed a short term high. So double the initial circle gives us the 3rd of december
Also the high of 24.86 on the 24th of Sep may be starting a 25 trading day cycle, 50 trading days from this high also gives us the 3rd
The .25 root increments from the low which I have showed before on BHP (showed by the pink lines). I have tried to turn these into time aswell. I have done this by the use of the blue square. This gives us a 30 day calendar cycle from the low which has given a few turns so far. The 3rd comes out at 269 calendar days from the low so pretty close.
Interesting to see how it plays out as I am a holder of QBE if the 3rd is a high I may use a put as protection
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Totters and Rob here are my thoughts on QBE.I have a turn date...
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