Monday, September 10, 2007

Manual Gann Grid Continued


Continuing the grid from last Friday, price continued to react to the 56° of time. The high for Monday morning peaked right on the 56th bar from the previous verticle division. The high for Wednesday also peaked at 56° of time. Once a pattern has been established it's not uncommon for the same theme to play out over a good section of time.

On the first chart, the magenta vertical line shows the forecast high for time. The 2nd shows how it played out. The 3rd chart shows the high for Wed.




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