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Attached is a .gif of the last 45 days of the DJIA.
On it is the usual complement of lines drawn by the
SwingMachine (this time using a 2 day reversal
rather than the 1 day previously shown).
On this basis the system thinks today is the end of
the up move.
One of the other aspects of the SwingMachine program is
the ability to perform and display results of Fourier analyses.
This time I have shown graphically (a rather thin blue line
running through the price bars and extending for some
several of days) the result of a 45 day fourier study.
In one of the earlier postings it was indicated that the
primary oscillation was of 11 days. This one thinks
that for the shorter days the period is 10 days --
rather nice to have confirmation. This projection
thought day before yesterday was the peak and
expects a couple more down days.
I hope the "swings" and the "fourier" combined are of
some help in deciding what to do.
Clyde Lee
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