Yea I got a cycle on the 23rd and so does mclarren, but from a different source.
I would like to see a high on that day and then a extreamly heavy fall down into mid Septemeber.
However if the high is to be on the 23rd its likely to be around 11,030 and 1260 on the S&P.
This suggests that the markets will back off a bit here and rally back up again. If it does not do this and still rallies to the 23rd it will be from much higher levels, probably around 11350 on the Dow.
XJO had a broadening wedge there, can be a indication of a top... consistent with my US views, so I shorted a few 10min ago around 4962 on CMC.
Yea I got a cycle on the 23rd and so does mclarren, but from a...
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Last
7,861.2 |
Change
-102.500(1.29%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,963.7 | 7,963.7 | 7,861.2 |
| XJO (ASX) Chart |