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

VLE Measures the Market

September 23rd, 2008 at 8:00 am by AndyAskey

The Value Line Arithmetic (VLE) is my main index to watch the action of the total market.  The intermediate term range from 2007-2008 shows the 1:2 angle as resistance.  Today price bounced off that line again.

The longer term range from 2002-2007 shows price supported by the 1:2 Gann angle and resistance at the 1:1 descending angle.  A break of the 1:2 angle would almost certainly bring a new low and a lot of problems.

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