More on Gann squares

Given that we are approaching the 1 year cycle from last January's high we could look at the yearly ranges to see if there is a natural cycle evident in price.This would add the element of price to time and could increase our confidence in any reversal that might develop. The S&P bottomed at 666 in March. A square of price to time would be 360 (360 degrees being a year).360 plus 666 is 1026,which is below the market,which at 1140 is currently 474 points above the low.We know that 480 is 1.33 times 360 so this suggests a possible square at 1146 on 06/01/2010 +/- 2-3 days . Price would "square" time here at a ratio of 1.33:1.
Interestingly the Dow is 3600 points down from the high at 10598 but I haven't noticed an obvious time relationship (or "square") from the high to here.
In theory Gann squares can be observed on different time frames ,even on intraday charts.At major turning points Gann squares in different time frames should all converge.