|
PureBytes Links
Trading Reference Links
|
Earl,
You and I have talked about this ABC pattern for a while! Here's a post that wasn't too far behind yours in late October from 11/04:
From: rosow@xxxx
Date: Sun Nov 4, 2001 7:42 pm
Subject: Re: [RT] Gann angles - can they be quantified?
Ned,
I have a longer term look at the S&P cash. Attached is the weekly chart. There was a clear 5-wave move down from the 03/24/00 weekly top. I'm calling this an A wave for now : >) I look for the B-wave to retrace back up towards wave 4:A which is the 61.8% retracement of wave A. This would be quite normal for a wave B. Minimally I look for at least a 50% retrace in price and a 38.2% retrace in time which plays out around the week of April 12th.
Next post I'll give my daily view.
Lenny
Yahoo! Groups Sponsor
ADVERTISEMENT
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|