Wednesday, November 23, 2011

Bargains Now from the Gann 20 Year Cycle

Here is the SPX rally from late 1991 into early 1992. There was high on 11/14 with a double bottom of 11/26 and 12/2.

A low can occur at any time now and I'm expecting a 20 year January 2012 rally to repeat taking out the November 2011 highs.

Few weeks of backing and filling and the SPX will be off to the races back on the upside....

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