Australian (ASX) Stock Market Forum

XAO Technical Analysis

Jump to new
Re: XAO Analysis

Jadefox said:
Hi Bronte,

Would be good if you could elaborate. I'm aware that it's significant but not sure how. What can we expect - a turning point of some kind? Please share what you know - if you don't mind.
Click to expand...
Of course :)


High 21st September 1987
High 25th September 1997 (10 yr anniversary).
High ???? September 2007 (20 yr anniversary). Maybe.....
 
Re: XAO Analysis

Bronte said:
High 21st September 1987
High 25th September 1997 (10 yr anniversary).
High ???? September 2007 (20 yr anniversary). Maybe.....
Click to expand...
ALL ORDS (XAO) Chart:
 

Attachments

  • CYCLES1.gif
    CYCLES1.gif
    4.7 KB · Views: 298
Re: XAO Analysis

Sep 1977? The market rallied some 30% in the following 12-months.

Sep 1967? The market rallied some 27% in the following 12-months.

Sep 1957? Market rallied 5% in the following 12-months

I can go back to Sep 1877 if we want some real statistical samples, although even then its borderline relevance.
 
Re: XAO Analysis

Nick Radge said:
Sep 1977? The market rallied some 30% in the following 12-months.

Sep 1967? The market rallied some 27% in the following 12-months.

Sep 1957? Market rallied 5% in the following 12-months

I can go back to Sep 1877 if we want some real statistical samples
Click to expand...
That would be interesting, please do.
Thank you Nick :)
 
Re: XAO Analysis

Nick you need to chat with Battman64
Not now we have Record Highs in the Aussie markets
After the market closes please.
If that is OK with Joe :)
Live Chat here please.
 
Re: XAO Analysis

Bronte said:
Nick you need to chat with Battman64
Not now we have Record Highs in the Aussie markets
After the market closes please.
If that is OK with Joe :)
Live Chat here please.
Click to expand...
Fantastic day on the markets :)
Apart from visiting Reefcap regularly (not posting)
We haven't had any contact with you since inviting you to our home..
Two and a half, three years ago (Trading Expo At Burswood, Perth)
Please believe us.. it is the truth.
I hope you accept to chat Nick.
 
Re: XAO Analysis

Nick & Bronteman - could you please consider continuing this discussion via ASF's private messaging feature, where possible, I'd like to keep this thread on topic.

Thanks,
doctorj
 
Re: XAO Analysis

Um yeah..isn't anyone concerned about the XAO getting back up to those triple tops we had lately?

I'm guessing its all up to whatever news comes out of the U.S this week.

Housing figures from what ive seen on CNBC.
That doesn't sound good to me at these times of housing crisis in the U.S:)
 
Re: XAO Analysis

Go Nuke said:
Um yeah..isn't anyone concerned about the XAO getting back up to those triple tops we had lately?

I'm guessing its all up to whatever news comes out of the U.S this week.

Housing figures from what ive seen on CNBC.
That doesn't sound good to me at these times of housing crisis in the U.S:)
Click to expand...

Still not out of the woods yet, BUT, based on the close today the resistance around 6400 (triple tops if you like) is looking like being toasted. Another strong day or two and you'd have to say it's blue skies for the XAO.

What does CNBC say about the rally on the XAO?
 
Re: XAO Analysis

Here's my interpretation. Broken recent trendline resistance to be back on top of the trendline, but now squashed between the line and the ATH resistance.

Looks rather promising though.

Cheers,
GP
 

Attachments

  • XAO_GP29.gif
    XAO_GP29.gif
    10 KB · Views: 135
Re: XAO Analysis

Nick Radge said:
Sep 1977? The market rallied some 30% in the following 12-months.

Sep 1967? The market rallied some 27% in the following 12-months.

Sep 1957? Market rallied 5% in the following 12-months

I can go back to Sep 1877 if we want some real statistical samples, although even then its borderline relevance.
Click to expand...
Yeh it's an interesting one the decennial pattern.

Larry Williams was big on this, though there really aren't enough samples to make something of statistical relevance (based on my meagre understanding), I know of anecdotal research that digs a bit deeper (into the 1800's and so forth) which seems to confirm something 'might' be going on, but good luck basing a trading strategy around it..

Good for selling newsletters though.
 
Re: XAO Analysis

Well well well...
looks to me like a blue sky close.

Seems like the bull is back... ;)

Should be good.
 
Re: XAO Analysis

Nick Radge said:
Sep 1977? The market rallied some 30% in the following 12-months.

Sep 1967? The market rallied some 27% in the following 12-months.

Sep 1957? Market rallied 5% in the following 12-months

I can go back to Sep 1877 if we want some real statistical samples, although even then its borderline relevance.
Click to expand...

Nick, are you saying we are likely to get some sort of rally starting from Sep 2007?

How about more recent years such as September 1987 and September 1997?

I would expect the 12-months after September 1987 probably wouldnt have been positive.
 
Re: XAO Analysis

Nick Radge said:
Sep 1977? The market rallied some 30% in the following 12-months.

Sep 1967? The market rallied some 27% in the following 12-months.

Sep 1957? Market rallied 5% in the following 12-months

I can go back to Sep 1877 if we want some real statistical samples, although even then its borderline relevance.
Click to expand...

Thanks for the post and information.:)
 
Top