From Gann's time cycle analysis, i am forecasting a top around Aug 13 and bottom on Aug 19 (around the 4350 level)
The bottom should touch on the MA100 and backup again.
The bottom should touch on the MA100 and backup again.
Commento:
seeing a top on Aug 13 ... today is Aug 16 (Monday) and with Taliban in Afghanistan this market could go down for a few days.
Trade chiuso: obiettivo raggiunto:
Yes the bottom indeed made on Aug 19. though the top was made one trading day later Aug 16, instead of Aug 13 as i have indicated in the post. I have made new posts on this .. pls check out my latest post
