Price Time Volume Investing

Timing Market Cycles using Methods of WD Gann, Elliott Wave, Geometry, Squares, Trend Lines

Price Time Volume Investing WD Gann Elliott Wave Charts of SP500 Angles

SPX 180 Days From March Low

September 15th, 2008 at 8:00 am by AndyAskey

I don’t have any idea which way the market will eventually go this week. But at 180 days from the March low, the time is right for an acceleration or a change in trend. The 1:1 Gann angle will serve as a measurement point that we can use to gauge the market on Friday.  Maybe price will move to 1160ish and be at a bottom…. maybe not… watch, wait, analyze, and react…

SP500 Chart

Tags:   · · · 6 Comments

Leave A Comment

6 responses so far ↓

  • 1 Robert Sep 15, 2008 at 3:39 pm

    Went to cash this afternoon. Fed ? Thanks for all the good work.

    Robert

  • 2 Kurt Sep 15, 2008 at 4:11 pm

    i guess Mike was right, and you Andy, acceleration down….now, do we overshoot or not…. :(

  • 3 AndyAskey Sep 15, 2008 at 7:12 pm

    Kurt - Relax… SPX 1150-60ish is still a ways below… :lol:

  • 4 AndyAskey Sep 15, 2008 at 7:48 pm

    Robert - good buying ops in the next several weeks. Even Cramer is freakin’ out and using the “c” word (crash). Cash makes the brain think clearer..

  • 5 Mike Sep 16, 2008 at 12:10 am

    QQQQ’S still will drop down a bit more and then double top and down again. Double Top will represent 50% of drop completed as measured from second high of the Double-Top of week of 8/10/08

  • 6 mke Sep 16, 2008 at 6:45 am

    if you connect the 37,65 and 1987 highs,ya get 1132 area as suport in spx,food for thought