CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (10551)	6/20/2009 9:19:18 PM
From: Galirayo	Read Replies (3) of 41494

SPX .. I have 3 Gann 135* lines on these charts of the SPX .. I guess you could make a Longer Term Down Trending Channel or Fork out of those .. but today .. Price is on R @ the most recent Pivot 135* or Top Fork Tine or Upper Channel Line. It Holds as R or Not. Time will tell when Price resumes. I'll guess there will be a lot more Chop till Aug 2nd. Then a Trend till Late Aug .. 28th I'll guess. >>systems that work well in trending markets will break down when sideways moves occur. Likewise, non-trending systems that perform well in oscillating markets will get beat up when persistent trends set in. << [The lines will skew a bit from the exact degree of Angle depending on the Time Frame on which they were set.] img132.imageshack.us img198.imageshack.us Tomorrow will be Hot and Humid with widely scattered daylight. ;)

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