Price of the SP500 Index (SPX) touched the 1×4 Gann angle today and bounced. I am watching a retest of this level closely for a possible low. If price breaks through this angle then the 900ish level is one to watch.
I cannot plot the VLE and 1982-2000 range until Yahoo updates their data. This usually happens late at night or in the morning.
Tags: Gann Angle Fan · Square of Range · Standard and Poor's 500 (S&P500)2 Comments
2 responses so far ↓
Andy, looks like support between 1110-1130 on S&P. maybe we go up till your turn date, and then we do the final fall to 920-950 ish….and end on or around the 16-20th,
Libby - Maybe. But I think we are on the final days and any upside now would just cause more downside later.