....from the 13 week ma ! Gann regarded squares as important,and they are the mathematical basis for the square of 9,or Gann wheel. 625 is the sq of 25 and is 5 to the power of 4. 1291 is 36 squared and is 6 to the power of 4 so these levels may be significant ie 1291-1296.
The market closed at 1293,while the 65 dma was 1135,a 158 point gap !
Sunday, 16 January 2011
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