HDR hardman resources limited

Time cycle and downside support ...

  1. 5,411 Posts.
    Hi folks,

    Just looking at the HDR chart.

    It's not looking that strong
    at present ... in fact, if
    current support at .71 fails,
    then we could look for support
    at about 65 and 57 on the way

    HDR also shows the value of
    keeping an eye on anniversaries
    of significant highs and lows
    and seasonal turns too.

    2001 September equinox = HDR low

    2002 September equinox = HDR high

    .... a one year trend for some.

    top trades


    P.S. FGL also has a seasonal cycle .....
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