Will the market now stay below the declining 10 and 20 point per month angles ?
For January,support from the rising 20x1 from 1074 is at 1374. The 10x1 is at 1224,which is close to the 61.8% retracement (1074-1474) at 1227
here is the same chart,showing weekly bars.The angle notation still refers to monthly
The blue lines are Gann's "natural resistance levels" based on 360 - 720,1080 and 1440.
For January,support from the rising 20x1 from 1074 is at 1374. The 10x1 is at 1224,which is close to the 61.8% retracement (1074-1474) at 1227
here is the same chart,showing weekly bars.The angle notation still refers to monthly
The blue lines are Gann's "natural resistance levels" based on 360 - 720,1080 and 1440.
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