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.
Your Gann analysis supports my EW/Fib analysis very well. The Gann Square has monitored price nicely. Price either shoots through that 50% retrace level or goes down strongly from what looks like 5 waves down during Feb/March. Whichever way you look at it this is a powerful inflection point looming very soon that will decide the medium term direction of the *market* (Ponzi). My view is is down but it may take a few more days to reveal itself.
Your Gann analysis supports my EW/Fib analysis very well. The Gann Square has monitored price nicely. Price either shoots through that 50% retrace level or goes down strongly from what looks like 5 waves down during Feb/March.
ReplyDeleteWhichever way you look at it this is a powerful inflection point looming very soon that will decide the medium term direction of the *market* (Ponzi). My view is is down but it may take a few more days to reveal itself.