tech/a
No Ordinary Duck
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XAO Technical Analysis
- Thread starter Sean K
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Re: XAO Analysis
yep a bit of data due tonight and fri night
data released tonight:chain store sales -0.3%(est),jobless claims 480K(est),productivity+costs Q3 1.0%(est) all at 12.30am EST. Tomorrow night is nonfarm payrolls Oct -200K(est),unemployment rate Oct 6.3%(est) both at 12.30am EST followed by pending home sales Sept -3.4%(est) at 02.00am EST.
them exits not looking to bad now hey
yep a bit of data due tonight and fri night
data released tonight:chain store sales -0.3%(est),jobless claims 480K(est),productivity+costs Q3 1.0%(est) all at 12.30am EST. Tomorrow night is nonfarm payrolls Oct -200K(est),unemployment rate Oct 6.3%(est) both at 12.30am EST followed by pending home sales Sept -3.4%(est) at 02.00am EST.
them exits not looking to bad now hey
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Re: XAO Analysis
Thanks Whiskers. I would never of found it
I'll post a chart when a get time
Try here OzWaveGuy... and I reckon it's relevant.
http://www.rba.gov.au/Statistics/AlphaListing/alpha_listing_i.html
scroll down to:
Interest Rate - Monetary Policy Changes - A2 http://www.rba.gov.au/Statistics/Bulletin/A02hist.xls
Thanks Whiskers. I would never of found it
I'll post a chart when a get time
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Re: XAO Analysis
Since I've been 'off topic' in some recent posts. I thought I'd share some Elliottwave Analysis for the XAO Short, Medium and Longer Term trends in one file.
I've previously posted analysis in different categories, and the previous posts below will keep me honest. As for the XAO and S&P500, and nothing has really changed on the analysis since the last posts - the market is still unfolding with more downside to come.
https://www.aussiestockforums.com/forums/showpost.php?p=355016&postcount=175
https://www.aussiestockforums.com/forums/showpost.php?p=354062&postcount=5307
Since I've been 'off topic' in some recent posts. I thought I'd share some Elliottwave Analysis for the XAO Short, Medium and Longer Term trends in one file.
I've previously posted analysis in different categories, and the previous posts below will keep me honest. As for the XAO and S&P500, and nothing has really changed on the analysis since the last posts - the market is still unfolding with more downside to come.
https://www.aussiestockforums.com/forums/showpost.php?p=355016&postcount=175
https://www.aussiestockforums.com/forums/showpost.php?p=354062&postcount=5307
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Re: XAO Analysis
Yea.... So doses the earth been invaded by meat eating zombies or a fully loaded jumbo hitting a pig mid flight.... ain't never gonna happen
Yea.... So doses the earth been invaded by meat eating zombies or a fully loaded jumbo hitting a pig mid flight.... ain't never gonna happen
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Re: XAO Analysis
When NAB collapses its a possibility; But thats wildcard scenario... Geeze 1500 would see some REAL bargains
Yea.... So doses the earth been invaded by meat eating zombies or a fully loaded jumbo hitting a pig mid flight.... ain't never gonna happen
When NAB collapses its a possibility; But thats wildcard scenario... Geeze 1500 would see some REAL bargains
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Re: XAO Analysis
That 1500 target is pie in the sky alright!
That 1500 target is pie in the sky alright!
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Re: XAO Analysis
That's right - and many people have said the exact same line plenty of times in the past - couldn't possibly ever happen, and of course were never prepared for when it actually did. Reminds me of several Australian banks who said early in Q1 this year that their exposure to the unfolding subprime crisis was minimal - only to revise their statements weeks later.
The Dow hit 41 in July 8th, 1932, after plummeting from a high of 381 on September 3rd, 1929. A 92% decline in value, the Dow did not get back to 381 until November of 1954, twenty-five years after the peak.
And at the bottom, those who said it was over were ridiculed once again - it's perfect human nature and that's the way Elliottwave works
That's right - and many people have said the exact same line plenty of times in the past - couldn't possibly ever happen, and of course were never prepared for when it actually did. Reminds me of several Australian banks who said early in Q1 this year that their exposure to the unfolding subprime crisis was minimal - only to revise their statements weeks later.
The Dow hit 41 in July 8th, 1932, after plummeting from a high of 381 on September 3rd, 1929. A 92% decline in value, the Dow did not get back to 381 until November of 1954, twenty-five years after the peak.
And at the bottom, those who said it was over were ridiculed once again - it's perfect human nature and that's the way Elliottwave works
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Re: XAO Analysis
The DOW hit a 92% decline in value due to a great depression.
Is EW forcasting this already based on current human emotion?
The Dow hit 41 in July 8th, 1932, after plummeting from a high of 381 on September 3rd, 1929. A 92% decline in value, the Dow did not get back to 381 until November of 1954, twenty-five years after the peak.
it's perfect human nature and that's the way Elliottwave works
The DOW hit a 92% decline in value due to a great depression.
Is EW forcasting this already based on current human emotion?
Re: XAO Analysis
Ummm. But I have seen in posts on other forums or emails alternative points of view. Some indicate a long (5-7 years) flat period (range bound) vs an up movement after 2 years.
OzWave - there are some "must" and "if" which make it seem conditional. As such, there are alternatives? Are there not?
Tim
PS. This is not a criticism. Just thinking out loud.
Ummm. But I have seen in posts on other forums or emails alternative points of view. Some indicate a long (5-7 years) flat period (range bound) vs an up movement after 2 years.
OzWave - there are some "must" and "if" which make it seem conditional. As such, there are alternatives? Are there not?
Tim
PS. This is not a criticism. Just thinking out loud.
chops_a_must
Printing My Own Money
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Re: XAO Analysis
As the great Elliotician, Pilus of Crapus once said, "the markets have nothing to do with buying selling, fair value and agreeable price, only emotion".
Of course, why are you even asking this question?
As the great Elliotician, Pilus of Crapus once said, "the markets have nothing to do with buying selling, fair value and agreeable price, only emotion".
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Re: XAO Analysis
lol when i called the markets to plummet down to 4800 at least in commsec when the xao was above 6500 i got called allsorts of mentally unstable names .not saying i think 1500 a possibility , just saying i wouldnt write anything off in these troubled times
lol when i called the markets to plummet down to 4800 at least in commsec when the xao was above 6500 i got called allsorts of mentally unstable names .not saying i think 1500 a possibility , just saying i wouldnt write anything off in these troubled times
Re: XAO Analysis
lol i love peoples ignorance!, i just hope your not advising anyone!
P.S im not saying 1500 is likely but never say never (remember you dont determine the market but it determines you).
Yea.... So doses the earth been invaded by meat eating zombies or a fully loaded jumbo hitting a pig mid flight.... ain't never gonna happen
lol i love peoples ignorance!, i just hope your not advising anyone!
P.S im not saying 1500 is likely but never say never (remember you dont determine the market but it determines you).
Re: XAO Analysis
OzWaveGuy, I know yours is purely a technical perspective, however does the wave count illustrated be backtested to any periods in the last 50 years? Or even longer I guess, but over similar periods to that illustrated.
Sorry I know very little about EW, however surely if it can be predictive like this it must apply equally to previous periods in the recent past?
OzWaveGuy, I know yours is purely a technical perspective, however does the wave count illustrated be backtested to any periods in the last 50 years? Or even longer I guess, but over similar periods to that illustrated.
Sorry I know very little about EW, however surely if it can be predictive like this it must apply equally to previous periods in the recent past?
chops_a_must
Printing My Own Money
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Re: XAO Analysis
Neither would I.
But something else pretty dramatic would have to get us down there I would reckon. And if it does, it's kind of irrelevant because we'll all be eating cat food anyway.
Neither would I.
But something else pretty dramatic would have to get us down there I would reckon. And if it does, it's kind of irrelevant because we'll all be eating cat food anyway.
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Re: XAO Analysis
LOL dont write off cat food in troubled times either some mighty fine lookin varietys out there if worse comes to worse and ya cant afford cat food , theres always the cat
LOL dont write off cat food in troubled times either
some mighty fine lookin varietys out there if worse comes to worse and ya cant afford cat food , theres always the cat
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Re: XAO Analysis
Does anyone want to join me in a possible inverted Head and Shoulders formation for a rally up to 4800?? Come on...say you'll join me...we'll all hold hands and pretend everything is rosy ( because it'll take denial to get us there, and then we'll have room for some of the old ultra-violence once again).
Note some good divergence in the money flow during the H&S formation.
Does anyone want to join me in a possible inverted Head and Shoulders formation for a rally up to 4800?? Come on...say you'll join me...we'll all hold hands and pretend everything is rosy ( because it'll take denial to get us there, and then we'll have room for some of the old ultra-violence once again).
Note some good divergence in the money flow during the H&S formation.
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Re: XAO Analysis
Exactly.
Without some terrible unexpected news, we are not seeing 1500.
No doubt it could get down there, if things really go haywire, but no CURRENT sentiment can price that in. Absolute rubbish.
Exactly.
Without some terrible unexpected news, we are not seeing 1500.
No doubt it could get down there, if things really go haywire, but no CURRENT sentiment can price that in. Absolute rubbish.