just started learning Gann lines, pretty interesting concept lets what will happen... the theory behind it, is quite solid, astrology and geometry + math/numbers go hand in hand, numbers repeat as well as history.
This Gann line was just bought by me, we had it a few days ago as resistance, then closed above it with a 4h candle, last test before all-time high and then go.
Now we make the test on it, as it is with Ganns so I speculate that we bounce off here and at least run again the old ATH.
In addition, there will probably soon be the next buy signal from wavereader....
SPX has been being held up by the “14 points per month” line projecting from the 2019 low
If you are into Gann/astrology, you’ll know that it’s half of the Helio Saturn angle (28 points per month).
Diminished momentum going up as seen by bearish divergence in monthly RSI.
Will SPX hit the half H-Sat support again before going higher?
The original gann line is exactly line with box. Or that box is with line.
45°line is very famous but many people don't know how to use it.
It's always 1° per day.
Ahhh but in gann box. That's a transpert plastic paper which like a rule to measure something.
Today I have a interesting idea. Maybe It can be adjusted!!!
To adjust it. You must know the cycle. e.g...
