Haven't posted in a while but have some free time now so here...

  1. 3,067 Posts.
    lightbulb Created with Sketch. 27
    Haven't posted in a while but have some free time now so here goes:

    https://hotcopper.com.au/posts/34609882/single

    My timing calculator recorded this week as a potential reversal for the XJO. it seems like it could be time for a 2 legged correction through to the week of the 1 Oct 2018 before a massive push up to the week of 10 of dec 2018. I am guessing a double top during the week of the 10 Dec 2018 between the 6800 - 6900 area ideally or at a very minimum a retest of the recent highs 6358 level.

    XJO currently trading at 6255 in a channel 30 minute chart. a breakdown from this channel could lead to a correction through to the 6050 level or even lower. it should be a 2 leg correction down before a spike up into 10 dec 2018. In a perfect world and I am correct than expect a low going into the week of 1 Oct 218.

    upload_2018-8-22_12-36-20.png
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.