Wednesday, September 14, 2011

Epicenter of the Gann 180°

Late this week the earth is approaching 180 degrees to the March 16, 2011 lows. These are areas where W.D. Gann said to watch for opposite energy.

http://chartblog.blogspot.com/2011/09/gann-180-next-stop.html

Elliott structure of the indexes so far is a strong impulse leading diagonal wave A pattern off the 8/22 low followed by a corrective flat wave B....presenting us with a missing wave C.

Bullish cycles ahead are a Mars Uranus at 120° & a New Moon. New Moons are typical areas to watch for strength.

So far so good, SPX and Dow 30 are rallying as "pegged" to do so. May see a short-squeeze.


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