Hi whi551, Gann. Just below 400 based on a possible double top...

Hi whi551,

Gann.
Just below 400 based on a possible double top tonight within 1% of the 6-1-09 top of 943.9

943.9 x 0.99 = 934.5

6-3-09 low was 666.8

Target low,
range 934.5 - 666.8 = 267.7
Target = 666.8 - 267.7 = 399.1

The channel is simply from the 23-3-09 high price running // to the 1-4-09 to 21-4-09 lower support line. That upper trend line of the channel intersects tonight's upper price at about 933.
It could be seen as a big flag formation too?

Just trying to pick the top as it powers on up on fresh air and inflation.