WD Gann & the Stock Market: Australian All Ordinaries
Australian All Ordinaries Index:
After a brief pause of a month or so, the Australian All Ordinaries has taken the high road with a strong uptrending theme.
One of the key indicators of this is when two Excalibur signals essentially cancel each other out.
This almost always precedes a strong breakout move in the direction of the second trigger. A daily line of intention is shown in green and applies only to the daily chart as shown here. A break of this line will likely indicate a reversal measured in weeks instead of days, but, that’s not in evidence at this time.
I hope to post some items of interest over the weekend, so, please stop by if you can to check things out. If you join as a free member, you’ll be notified by e-mail when something new has been added to this site.
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Have a great weekend.– George
Weekend PS: It needs to be noted for regulatory reasons that this is not an advisory service (read the Disclaimer at the bottom or top of the website) and that all charts are shown purely as an educational exercise to prove out the theories of WD Gann and GR Harrison whose collective work has been combined into the Excalibur Trading Method which is only available to Members.