good luck next week, page-5

Yes, support is well and truly busted with the 8 week channel[flag?] lower line at 886 last night and a low of 879
a decisive break.
If it can act as a flag then it's a short mast and very long flag but 156.6 for the mast taken from the 886 point of the break gives 729.4 for the low.
Last range was 666.8 - 930.2 = 263.4
930.2 - 729.4 = 200.8 retrace
= 76.2% retrace of the previous range.

That is in line with Gann Global's latest estimate for a higher low retracement having now decided 6-3-09 was 'the low'. Their average expected retracement is 78%.

http://cts.vresp.com/c/?GannGlobalFinancial/6179b198ae/3e22aec62c/84d0b2a56c

729 is a perfect square, 27 x 27
930.2 sq root = 30.5
So the sq 9 confirms this level at 630deg.

Time?
Gann Global were tight on the price range but very wide for the time to get there, based on previous moves.

6-3-09 to 8-5-09 = 63 days
Sq root 666.8 = 25.82
63 divided by 25.82 = 2.44

930.2 sq root = 30.5
30.5 x 2.44 = 74 days

8-5-09 + 74 days = 21-7-09

There's that date again, total solar eclipse, closest lunar orbit etc + all 9Ls calcs.