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[RT] Re: SP update and Gann Fan



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Sorry the date that says Feb 2nd should be Jan 27-28.

Brent

> RT's,
>
> I just thought that I'd show you my updated Gann Fain of the March S&P
500.
> The lines that are highlighted with white are still very much in control
> despite having crossed above the red line on the 10th. That means
> consolidation is likely. There have been no buy confirmations since the
14th
> and volatility is decreasing. The price is holding above the yellow line
> labeled new 45. With the dark cloud today, a move toward the lower
> intersection at 1399 is likely. That intersection and the vertical magenta
> line are due on Feb. 2nd.
>
> This information is for educational purposes only and reflects my opinion.
> There is a significant risk of loss in futures trading, and you should not
> trade with funds that you cannot afford to lose. Trade at your own risk.
>
>
> Brent
>
>