Wednesday, April 03, 2013 8:32:52 PM
Russell 2000, Gann Style
This is trading day chart (except for the double notation for the calendar days at the top). Haven't updated the candles since it hasn't broken the 954 top but I would look for more drop to come. 1.5 ratio on that long of timeframe is pretty serious mark to pass. I like RUT because it consist of 2000 stocks instead of just a small selection and better indicator of overall sentiment I think.
Also, here's a good article on Gann if you're interested.
http://www.ibfx.com/Education/Gann-Theory
This is trading day chart (except for the double notation for the calendar days at the top). Haven't updated the candles since it hasn't broken the 954 top but I would look for more drop to come. 1.5 ratio on that long of timeframe is pretty serious mark to pass. I like RUT because it consist of 2000 stocks instead of just a small selection and better indicator of overall sentiment I think.
Also, here's a good article on Gann if you're interested.
http://www.ibfx.com/Education/Gann-Theory
the government cannot give anything to anyone -- that they have not first taken away from someone else.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
