Good work Gloveski, this week looks good for turns.
My Gann charts throw up September 1 based on both trading and calendar days from the November and March lows.
If that were to play out, could be we have another morning dip tomorrow, probably hit the lower bollinger band and bounce??
Lapdog is spot on with his 500 day sma ---great call Lappy--- currently at $36.72. Price has bounced off it 5 times since the first encouter on July 30.
McHugh expects US indices to bounce up from his Sept 1 date.
Also September 5 (saturday) comes up as a turn date on my chart. That is 2x144 Gann periods from November low. McLaren favours this as a high for the SPX.
It's great fun, eh, lol.
up or down, page-17
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$42.60 |
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