SPX and Gann
Morning Traders,
Lately we see a lot of discussions about markets, it’s this is a bottom? When market will rebounce?
May experts are talking about many possibilities.
But we all technical analysts know that chart with the price and momentum analysis give us the best picture of market conditions.
W. D. Gann is my trader hero, I have spend a lot of time reading his books, analyzing his charts, try to grasp some knowledge of his genius.
Take a look his squaring technique. Price makes drop down to 50% of previous long swing. You can perfectly see all energy points that Gann mention only couple of times…
Can you see them?
All the best in 2019 trading to every one.
Cheers,
Jim
Lately we see a lot of discussions about markets, it’s this is a bottom? When market will rebounce?
May experts are talking about many possibilities.
But we all technical analysts know that chart with the price and momentum analysis give us the best picture of market conditions.
W. D. Gann is my trader hero, I have spend a lot of time reading his books, analyzing his charts, try to grasp some knowledge of his genius.
Take a look his squaring technique. Price makes drop down to 50% of previous long swing. You can perfectly see all energy points that Gann mention only couple of times…
Can you see them?
All the best in 2019 trading to every one.
Cheers,
Jim
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