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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: JW@KSC who wrote (7453)7/4/2008 5:51:21 PM
From: Galirayo   of 41414
 
The Index I used to watch "alot" was the Hang Seng.

After looking at your charts I decided to see how bad it looked LT.

These thick Red lines are the Gann 1x1 Drawn on the 45* Degree Angle. In order to use Gann Fans they have to be drawn on a Linear .. NOT LOG chart. I placed 2 45*'s and a 135* on the Pivots .. then added the Fan to make sure it matched the Angles.

It's already Broken in My Book ...
Except for the other Trend lines in 'Blue" that might possibly be the Neckline of a Compound H&S Formation. If so .. it's just a matter of Semantics and a little more Time now. I'd guess the "Purple" Trendline will go poof too.

21093 should be where the Blue Line is next week.

img381.imageshack.us

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