The Gann angles on this chart are trading days (the one in the previous post is calendar days)
Tomorrow is 90 degrees from the July 19 high.Its also a solar eclipse.I marked in with circles where time and price coincide against the lower 2x1 angle (approx 1952 )
chart below from Ron Walker. (Red neckline is mine) The 200 ma on the 60 min chart is at 1952
Tomorrow is 90 degrees from the July 19 high.Its also a solar eclipse.I marked in with circles where time and price coincide against the lower 2x1 angle (approx 1952 )
chart below from Ron Walker. (Red neckline is mine) The 200 ma on the 60 min chart is at 1952
Good stuff! The Gann angles seem to work even with the FED/PPT/MST props. They sure blew up the EW crowd, other than at high degrees, and there they injected FUD. I expect many more NFLX-esque debacles into the long awaited 4Y cycle low.
ReplyDeletehttp://25.media.tumblr.com/tumblr_lfps0fzUm61qbhfrso1_500.jpg
Smarter than average Bear. "Now Daimler turned one of the hottest stock run-ups into cold cash. It announced on Tuesday evening that it has unloaded its stake to an undisclosed buyer. It will book a profit before taxes of $780 million.
ReplyDelete“We are extremely satisfied with the development of our investment in Tesla, but it is not necessary for our partnership and cooperation,” said CFO Bodo Uebber in the company’s statement. Extremely satisfied is likely the understatement of the decade. “For this reason, we have decided to divest of our shares.” " W