we are still short the dow and nasdaq here. the lower gann channel line rejected the DJIA back below it. holding here surfer
the lower neogann line worked its magic once again in the DJIA. the index literally bounced against the line twice in the morning, it then approached the channel and surfed it a bit near the close, never once breaking back into the channel. profits are adding up in the nasdaq as the sub channel drop continues. we closed out WLSA longs at a loss, the penny stock PDPR continues its upward move giving us a 13.5% gain today. we are back short TKTX awaiting, what i see, as a very nice coming down draft. holding overnight, surfer
a question about that chart: how do you determine the center of the inner circle? or is that arbitrary? would your analysis work at any point in time or only at a determined point, ie where you plot the center of the inner circle? if this is proprietary info, excuse me for asking. blackguard
LOL, guard ! i don't use the "circles" for any kind of projections. just put them on the posted chart after the fact, from the middle, to see what they looked like. sorry for the confusion ! surfer
we are riding a nice nice wave down here in the DJIA and nas. the system kept us short overnight and we will try to stay on this wave as long as possible. if you are following along, place trailing stops where you see fit here. our are still very wide at this time. best, surfer