Interesting time cycles.I posted about the 360 trading day cycle from the November low earlier in the year.
eg http://chartramblings.blogspot.com/2010/04/nyse.html
480 td kicks in this week and the 3 year cycle from the Oct 11 2007 high in the Russell kicks in tomorrow.The range squared time if you take the Gann 360 and 720 levels as the boundary rather than the actual low and high.By the same token 720-120=600,which was support and that range squares on the 120 td cycle .We should also watch 6 months from the high,which is the 26th (15th on FTSE100 which peaked earlier) On FTSE 480 td was last Thursday and the range is just under 2400.
Sunday, 10 October 2010
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