The VLE is at decision time at the 1:1 Gann angle. The time cycle is hitting 25% of the 2002-2007 range.
Chart courtesy of Stockcharts.com
The SPX time cycle of the range from October to March is about to complete. It is possible the market is waiting for this cycle before moving up. Or it could collapse tomorrow or Monday. Play it the way it breaks.
Tags: Gann Angle Fan · Standard and Poor's 500 (S&P500) · Value Line Arithmetic Index (VLE)1 Comment
1 response so far ↓
crash