This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Saturday, 25 August 2012
AAPL
Apple likes to follow time and price cycles based on Gann's "square" (cycle) of 360...
I know you've seen this, but in the interest of your readers who haven't, this is something similar I did a while back on the SPX. http://mediacdn.disqus.com/uploads/mediaembed/images/304/3425/original.jpg I also did one for the GDOW and the CAC that can be found on my blog. http://highrevsopenhouse.blogspot.com
That AAPL chart really looks strong! Where would that leave the SPX?!?! Wow.
Hi HR...I should have made it clear on my post that if Apple gets to 720 I think it will be a blow-off. I'm not sure it will get there but thought the Gann symmetry was interesting.I'm extremely cautious on markets at these levels,especially with the Vix at historically low extremes
I know you've seen this, but in the interest of your readers who haven't, this is something similar I did a while back on the SPX.
ReplyDeletehttp://mediacdn.disqus.com/uploads/mediaembed/images/304/3425/original.jpg
I also did one for the GDOW and the CAC that can be found on my blog. http://highrevsopenhouse.blogspot.com
That AAPL chart really looks strong! Where would that leave the SPX?!?! Wow.
Hi HR...I should have made it clear on my post that if Apple gets to 720 I think it will be a blow-off. I'm not sure it will get there but thought the Gann symmetry was interesting.I'm extremely cautious on markets at these levels,especially with the Vix at historically low extremes
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