Buyers Back In At Gann Angles

July 8th, 2009 by AndyAskey

Volume was up today as price closed about flat. As the correction approaches 30 days and the 1×2 angles off the March low, buyers appeared and bought what they were selling.

I still need to see a continuation of the buying to get excited about the long side.

Full moon last night. As Rosanne Rosannadanna said, “it’s always something”…

Tags: Gann Angle Fan · Swing Charts2 Comments

2 responses so far ↓

rob
Jul 9, 2009 at 7:58 am

Thanks for the look at China and Japan, Andy.
BTW, McLaren has some nice charts today (july 9) of historic bear market lows.

Reply
- AndyAskey
  Jul 11, 2009 at 11:33 am
  
  Rob – I would post the Far East markets more often but nothing exciting seems to be happening. I do watch them and will post when I see something. Interesting stuff from Bill McLaren. I still believe on the 1929-1942 market compared due to the bubbles followed by a banking crisis.
  
  Reply

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