Wednesday, January 25, 2012

S&P 500 And a Perfect Squaring

The S&P 500 is at a 7 x 7 perfect squaring on Gann Square measured to 84 units of price-time which is the square of the range in time to the 360 points that square the range in price.  Interestingly, 7 * 12 = 84.  So price and time are not only squaring at 7 divisions of time and 7 divisions of price, but also a factor of 12 to the square's price-time units.  Major move in the works?  (Images are clickable thumbnails)