Tuesday, 11 January 2011

S&P 10 year cycle

Here is the Gann 10 year cycle on the S&P.I fully expected April to be a mid-cycle high and whether the Fed POMO schedule managed to distort the cycle or not is a moot point.Nevertheless we are now approaching a 66% retracement in time and have reached 66% retracement in price so maybe that confluence will produce a high

at

2 comments:

  1. Anonymous11 January 2011 at 23:03

    CR: mara here.....remember to log in to the link to the GANN webinar coming on thursday.....it seems worthwhile.......http://www.gannglobal.com/webinar/2011/01/11-invite.php

    ReplyDelete
  2. Chartrambler12 January 2011 at 10:35

    thanks Mara

    ReplyDelete