GANN Price-Time Highway

XLtrader's chart-o-the-day blog

Greetings Market Timers,

Here's a roadmap.  I call this thing as Gann's Price Time Highway.  Once again this is the S&P 500 trading days.  Notice how price has generally "stayed in its lane" since the high @ 1576 last year, only turning when it reaches major intersections (gravity centers)?  Remarkable isn't it?

Some will recognize this as Don Hall's Pyrapoint, which is short for Pyramid Point referring to the the Square of Nine.   Its almost pyrapoint.   I've encorporated the changes recommended by Howard Arlington in a past issue of Trader's World magazine.   Have a great weekend.

Rick

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.