topping?

  1. 1,383 Posts.
    The XJO has gone up for 11 straight days which appears to be an all time record and it doesnt take Einstein to work out it has to correct soon. It's also very near the top of the channel.

    Now I have noticed something odd, which is that in many years Oct 16 and 23 are turning points. That is around Oct 16 in a rising market, it tends to top, and then a week later tends to bottom.

    Will be interesting to see if this year is similar.
 
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