Hi All,
The big question is, is this a rally in a bear market or the beginning of a new bull market.
I don't have the final answer but the Gann charts provide some very interesting indications.
I've now updated the Gann charts on my blog showing the weekly charts for the Dow Jones Industrial and the Ozzie All Ords. Two months ago, the charts showed that we were in the middle of 2 angles. However, as of last week, We are reaching a critical time in many respects.
Check out:
http://ozstock.blogspot.com/2009/05/technical-analysis-update-dow-and-all.html
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- evil monday? what does the gann charts say?
evil monday? what does the gann charts say?
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