Eye of the storm - Gann Box version
And here is a neat Gann Box version of the last analysis which suggests we could hit the long term trend line that started life on 28th December 2004 / 1 January 2005 that takes us to the parity by 2017 suggested by Goldman Sachs. And who was vice chairman and managing director of that institution from 2002 - 2005 ? Yes you guessed it - Mario Draghi
Now 2017 seems a long way off and I wouldn't necessarily endorse the time frame suggested on my chart, but it illustrates a point, and the (hardly secret!) trade direction.
Now 2017 seems a long way off and I wouldn't necessarily endorse the time frame suggested on my chart, but it illustrates a point, and the (hardly secret!) trade direction.
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