Jump to content



Photo

Gann


  • Please log in to reply
No replies to this topic

#1 klay

klay

    Member

  • Traders-Talk User
  • 18 posts

Posted 09 January 2008 - 12:06 AM

It is inescapable...
http://www.oextrader.com/oex/gann.htm
This chart has been posted for over 5 years now, and it looks like the lower Gann line may finally get hit this year. It sits around 635. We are very diverged on some intra day indicators so a bounce is possible at any time. People may be rolling the dice if you are looking for a bottom, IMHO. VIX in the mid thirties may be an indication we are close.

Edited by klay, 09 January 2008 - 12:07 AM.

http://www.oextrader.com/blog/
Help make a difference, a little goes a long way.
Empower people: http://www.kiva.org/