Chartprofit Webcast – Charts to Friday 30th January 09 *********** PRICE LOCATION The major level of 1/2 HIGH is in play on the following US indices: NYSE Comp, Nasdaq Comp, SP500 and R2000. Also German Dax index. I would repeat that bull markets often begin from higher lows at these levels – that’s why […]
Archives for February 2009
SP500 2002 – Current DAX chart – Gann level
From a Gann perspective there is a similarity between the current DAX chart and the SP500 at the 2002 low. The SP500 2002 bear market low was a triple bottom on the Gann half high major support level. That’s where the DAX finds itself now. One thing is for sure – if the DAX should […]