SPX:
Cycles take many forms.
20-May ... all time High
22-June ... High (following Sat 20-June)
20-July ... High
18-August ... High ... 90 days High to High ... a good time to sell if you're a Gann fan.
then
20-August ... BANG! Took out the lows with a vengeance!
So, ... 3 calendar months High to range breakout.
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