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Saturday, 21 May 2011

Gann cycle cluster



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4 comments:

  1. The Daily E-mini Trader22 May 2011 at 00:54

    So with this cluster present, what is the trade?

    Keith
    thedailyeminitrader.com

    ReplyDelete
  2. Chartrambler22 May 2011 at 01:42

    Hi Keith - the trade is to wait until the cycle cluster and if price is declining to buy a reversal or sell a reversal if it it is rallying

    ReplyDelete
  3. Chartrambler22 May 2011 at 01:50

    the trend is still up and ordinarily it would be more likely that we see a 90 cd rally from low to high but as my previous posts indicate I have some concerns about the uptrend...end of June is also a 1 year cycle and June 21 is the solstice,one of Gann's "natural time" cycles where CoT's tend to happen so I think either way it is a time period to watch

    ReplyDelete
  4. Chartrambler22 May 2011 at 14:47

    Feb 18 was a high and we may have seen another high on May 19 (so far we only have one LL so it is too early to say)...this would be a 90 cd high to high cycle,suggesting down into the cycle cluster

    ReplyDelete

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