The Value Line Arithmetic Index (VLE) looks to be in good position to run to the 1:1 ascending Gann Angle. This move is only about 3% and isn’t anything spectacular. The volume and internals of the market are weak, but price action and geometry are strong. Continue reading
VLE Run into 90 day cycle?
May 15th, 2008 5 Comments
Tags: Gann Angle Fan · Gann Emblem · VLE · Volume
QQQQ Heading for Balance in Price and Time
May 15th, 2008 No Comments
The Powershares QQQ Trust (QQQQ) is most likely heading for the 50/50 point in a few days. Today price bounced off the 5/8s retrace line. Continue reading
Tags: Price-Time Balance · QQQQ · Square of Range