Saturday, 22 May 2010
S&P possible time cycles
T?his is a possible but purely speculative time cycle roadmap.A 3 month cycle is a "normal" cycle in Gann analysis,being 1/4 of a year.Such a scenario would also give us a nice 1 year low to low cycle.The arrows are pointing to time targets not price targets.The price range for the cycle is 350,implying we might bottom in 350 days rather than 360,or that price could bottom 10 points below the July 09 low,making it a 360 point range.
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