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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: MechanicalMethod who wrote (21045)	9/7/1998 11:55:00 AM
From: Doug R	Respond to of 79449

Osci, Thanks for coming. You certainly gave me a few things to consider too. Like: The position of the S&P in relation to its intersection should lend itself to the Gann overlays and Fib fans. Try positioning the Gann overlays on the alltime high and the intersection. You'll have 2 sets of possibilities that way. Once you have that you might find an intersection between lines of the same ratio going forward that will pinpoint the next price objective on the S&P. I suppose you would first check the 1X1 then move to the 2X1, then the 1X2 and continue through the series. Use the same ratio for the high and the current price. Doug R