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readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

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Defense Required This Week as the SP500 Decides

Defense Required This Week

News about the Italian banks downgrade is not unexpected on this blog, as we noted here Flex Zuluaf said Italy will be the sand in the speedos! News from Greece this week should decide the SP500 trend. The SP500 is touching the 1x1 Gann Angle from Ben Bernanke Jackson hole speech low, so it is a critical time for the risk on trade.

If you do not have Gann Angles as part of your technical charting tool set then you are missing out!

Here is our latest SP500 chart.

SPY Gann Angle

 

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