xau.se

xau.se

The stock is certainly in a longer downtrend. A Turnaround is to early to tell - Even though, it can be time to start looking at a longer term Long position in the stock. Looking at the timecycles "Low to Low" from 2004 - present, It seems to come in a cycle Low every 76 to 81 weekly bars or every 500 to 550 days. We might now be at week 77 from an earlier Low....

xau.se

The Cruiseline RCL (USD 78) is hoovering around all time high. Since 1996, there has been 4 longer uptrends lasting 35, 38, 23 and 38 months. The following declines have lasted 23, 50 and 9 months. These declines have been substantial, down more than 60%. If we simulate a coming decline over for. ex. 38 bars (equal to the uptrend lengths) and see a decline of 60%,...

xau.se

Looking at the tops of 2000, and 2007, it is interesting to see where we are 06. Nov 2014 in price and time related to these two former tops. Calculating the time from the Sept. 2000 to the October 2007 top, and then extend the 85 bars from 2007 to November 2014. Markets can be due for longer correction. Adding the pitchfork shows the index streched on price....