CYCLETRADER - WAVETRADER
Australian Market
Prior Tops & Bottoms

Date

Index

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March 2003 S&P 200 (XJO) Cash Index March Low
February 2002 S&P 200 (XJO) Cash Index February Top
In April 2000, the S&P/ASX 200 Index was introduced to replace the Allordinaries Index as the primary gauge of the Australian equity market. The symbol is XJO and represents approx. 90% coverage of the Australian equities market.

This index is primarily followed by institutions and futures traders, etc. The SPI was also changed and called SPI200 to bring it in line with the cash index (XJO)

In the meantime, the ASX continued to calculate the old Allords (coverage of only approx 320 stocks) and gave it the symbol XPI. On 29th June 2001 the XJO closed at 3490.30 and the XPI closed at 3490.80.

Given this exact close of both indicies, I have choosen to link the history of the old allords at that date, to the XJO 200 Index on that date. My XJO swing files will now reflect this.
     
June  2001 Allordinaries (XPI) Index June Top
August 2000 SPI Futures August Top
July 2000 Allordinaries Cash Index July 2000
March 2000 AllOrdinaries Cash Index March 2000 Top
October 1999 Low AllOrdinaries Cash Index 1999 Bottom
April 1999 High All Ordinaries Cash Index 28-04-99 High
October 1997   Low SPI Futures & AllOrdinaries Cash Index

28-10-1997 Low

October 1997   High SPI Futures 02-10-1997 Top
February 1997 High SPI Futures

19-02-97 Top

July 1997 High SPI Futures 03-07-1997 Top
February 1994 High AllOrdinaries Cash Index 1994 Top
January   1991 Low AllOrdinaries Cash Index

1991 Bottom