I changed the longer term SPX chart I have shown before to a weekly chart for clarity. The 1440 level hosts a merger of three angles that may draw price up. It looks to be about three weeks away so we could visit the 1:1 ascending Gann angle from the Oct-Mar range shown yesterday which is near SPX 1375.

Chart courtesy of Stockcharts.com
Price was a non-event today as it didn’t go anywhere and it didn’t have any enthusiasm not getting there.
Also, a couple admin issues:
- I renamed the “Subscriber Area” menu to “Premium Content”. Nothing has changed but the name.
- I added the blog to Feedburner and the RSS link now will provide more options for adding a feed.
- I removed the square root calculate from the right side. I plan to make a page dedicated to those types of tools when I get time. Don’t hold your breadth on that one…
Let me know if you have any problems with the RSS feed.
Post Modified: August 12th, 2008 at 11:08 am
Tags: About · Gann Angle Fan · Narrow Range · SP500No Comments
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