Monday, March 09, 2009

Gann Square


This Gann Square of Nine of the S&P 500 has the Friday closing price in the dark circle. Each 90 degree move is 16 points so possible resistance areas moving up would fall at 699, 715 and 731. Even though this is a square you can think of degrees as in a circle so a full move (around) is 360 degrees.

0 Comments:

Post a Comment

<< Home