Gann Angles On The Dow Jones Industrials - Mid Year Update

By Readtheticker of Readtheticker.com
Wednesday, June 10, 2015 5:38 PM EDT

gann-angles-on-the-dow-jones-industrials--mid-year-update

WOW today's 250pt Dow Rally came as no surprise to Gann Angle geeks. More fuel for the rally turns up on the support line.

The price rally came off the very important 2x1 Gann Angle support line, which has been working since March 2009. One to watch!

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Investing Quotes...

"TIME is the most important factor in determining market movements and by studying the past records of the averages or individual stocks you will be able to prove for yourself that history does repeat and that by knowing the past you can tell the future. … There is a definite relation between TIME and PRICE. … Now, by a study of the TIME PERIODS and TIME CYCLES you will learn why tops and bottoms are found at certain times and why Resistance Levels are so strong at certain times and bottoms and tops hold around them. … The most money is made when fast moves and extreme fluctuations occur at the end of major cycles."
- William D Gann

We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a ...

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