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Friday, August 01, 2008

Triangle Points



Good Morning,

Today I'd like to show you some equilateral triangles applied to the S&P 500.  These were put on using a scale of 2.  Why a scale of 2? Because 2 seem to work.  Experiment!  Notice how most of the major turns since the high last year occur a nexus of triangle apex's (depicted by vertical lines)?  Notice how these things can have predictive potential?  Why does it work?  Who knows... I wish I did. Up next...  Riding the Gann price-time highway.
megaphone

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