Gann 144° in - Watch for August 25 low then bullish pop rally into Labor Day
Watching things as everyone else is.
This selling off the 144 'should' last into the 25th.
August 25 is several squares from previous dates: a 49 day (7x7) from July 7 high, a 64 day (8x8) from June 22 high and a 100 day (10x10) from May 17 low.
Firing more bullets at these 9 year lows if August 25 shows indication of a panicky low 75%/78.6% retrace around SPX 1125-1128 (or lower - possibly another SPX 1100 test.)
This selling off the 144 'should' last into the 25th.
August 25 is several squares from previous dates: a 49 day (7x7) from July 7 high, a 64 day (8x8) from June 22 high and a 100 day (10x10) from May 17 low.
Firing more bullets at these 9 year lows if August 25 shows indication of a panicky low 75%/78.6% retrace around SPX 1125-1128 (or lower - possibly another SPX 1100 test.)
posted by chartblog at
2:23 PM
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