XJO 0.86% 7,829.7 s&p/asx 200

Hi All, Dow weekly line chart. As a Gann enthusiast I tend to...

  1. 485 Posts.
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    Hi All,
    Dow weekly line chart.  
    As a Gann enthusiast I tend to focus on bar charts showing the full extent of ranges but sometimes it can be  of value to look at a closing chart such as below.
    Voltaire has written many times of 56 day corrections and here we have it. Time and price all very neat.
    My jury is still debating whether the final high is in or if there is still further upside.  This chart supports the latter IMHO, with this 12% correction being the precursor to a much bigger decline not far down the road.
    As always ... time will tell.
    Cheers .....
    DJIA 28April2018.PNG
 
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