Re: [RT] Gann Fan on the Bonds

[Jeffrey Harteam <jharteam@xxxxxxxxxxxxxx>]

Greetings Bill:

I will label this upmove as A-B-C instead.  Notice your Wave 4
overlaps with Wave 1 which immediately invalidates the notion of an impulsive
move from the January low. Please refer to the T-Bonds Weekly Cash .gif. 
Heavy fibos contained the upmove of last week and the high was stopped
at the .618  of Wave A.  My take is to short the US now, additional
short positions will be committed at the break of the weekly trendline
as well.  Hope this helps and regards

Have a good one
Jeff Harteam
Hong Kong

t-bondtrader wrote:
 
Brente
has got me going on fiddling around with a Gann Fan and in a totally amateur
way I have added what look to me to be four waves from the Contract Low.  
While I am sure that much more science and understanding of EW is required
here, would anyone care to give their opinions on where the market is at
and where it is like to go from here? I
am sure that in a month or so we will be able to look back and say it was
all very obvious, but at this precise moment, it seems to me, that we are
at a very interesting juncture and I would much appreciate anyone's foresight
or take on this.   As you all know, I day trade and have never
been able to see where one goes on a position trade - but this might be
the opportunity to focus on what's what in the predictive world. 
If it was a five minute chart, I would be short from the top to at least
the bullish retracement line and (on that scale, of course) easy come easy
go about changing direction or continuing south.  But with a position
play I sure would need to know where my stop was against what target and
the r/r/r involved. Anyway,
I'll be interested to see if anyone responds.  I would genuinely like
to get a lesson here, if I could.... Of
course, the first thing is to hope that the Gif file will come out.... 
please, someone, let me know...

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