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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Saturday 21 May 2011

Gann cycle cluster



4 comments:

  1. So with this cluster present, what is the trade?

    Keith
    thedailyeminitrader.com

    ReplyDelete
  2. Hi Keith - the trade is to wait until the cycle cluster and if price is declining to buy a reversal or sell a reversal if it it is rallying

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  3. the trend is still up and ordinarily it would be more likely that we see a 90 cd rally from low to high but as my previous posts indicate I have some concerns about the uptrend...end of June is also a 1 year cycle and June 21 is the solstice,one of Gann's "natural time" cycles where CoT's tend to happen so I think either way it is a time period to watch

    ReplyDelete
  4. Feb 18 was a high and we may have seen another high on May 19 (so far we only have one LL so it is too early to say)...this would be a 90 cd high to high cycle,suggesting down into the cycle cluster

    ReplyDelete