Trading the SPI

[Bronte]

Nice confirmation of the Strong Gann Support 4780
& Gann Timeframe Low 18th July 2008
Now 4960 High

 

[Bronte]

We have just seen:5149 High

 

[Sean K]

Bronte, Why is

'we have just seen:5149 High'

important?

You're saying the market's now going down?

 

[Bronte]

Yes kennas, very important to Gann traders.

5149 - 4784 = 365 Points

 

[Sean K]

So what does 365 points mean?

Market's now going up, down, or sideways?

 

[Bronte]

I said "yes kennas" to market's now going down.

We opened at 5124/26
Now down 40 points 5086

Are you interested in Gann kennas ?

 

[Sean K]

I seem to be the only one here wondering what all the numbers mean.

 

[Bronte]

Do you remember two years ago?
We were getting up to 1500 hits a day
https://www.aussiestockforums.com/forums/showthread.php?t=1664
152,000 hits so far.

 

[Bronte]

"market's now going down"
Dow down 2% overnight -283 points

 

[Bronte]

Great Fun 4977 Low -175 points.

 

[Bronte]

And there is more..... 4930 -222

 

[Bronte]

Lots more.....4838
Dow down -240

 

[Bronte]

Lots more 4289 Low

 

[Bronte]

Well our 20 year Anniversary certainly worked well.
Dow down -679 Pts (8,579)

 

[Bronte]

3961 Low
3838 Low on Sycom

 

[Bronte]

Big Number 4000 (also Gann Support)
https://www.aussiestockforums.com/forums/showthread.php?p=347625#post347625

 

[Bronte]

3250 on 21st November 2008

 

[Bronte]

Double Bottom Low 3236 / 3234
SPI High just before close 3484

 

[Bronte]

Dow up 6% overnight +494 points.

 

[Sean K]

Bronte, you need to forecast these things for the thread to be of any value. Can you please tell us where the index will be Monday night? Tks! kennas