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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 671.910.0%Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (56310)1/5/2014 8:54:03 PM
From: Vitas  Read Replies (1) of 218840
 
You take the intraday low 12/18/13 of 1767.99, count 9 trading days to the intraday high 12/31/13 of 1849.44, then count 9 trading days from 12/31 to 1/14/14, then intersect the red line from the 12/18 low to 1/14/14 at the level it was at 12/31? I'm trying to understand this concept.

The blue line on the chart is what Metastock draws in by placing a default Gann line at the 12/18 bottom. There are many adjustments that can be made to it.

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