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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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SP500 Gann Angle Review

Gann

SP500 is falling. When to buy the pullback can be judged by supporting Gann Angles.

The SPY is once again at a critical 1x2 Gann Angle, many times price bounces at the 1x2. Of course a clean break would be very bearish.

SPY Gann Angles Chart

SPY Arcs Chart

Investing Quote...

"Tape reading is rapid-fire horse sense...The Tape Reader aims to make deductions from each succeeding transaction -- every shift of the market kaleidoscope; to grasp a new situation, force it lightning-like through the weighing machine of the brain and to reach a decision which will be acted upon with coolness and precision." ~ Richard D Wyckoff

"A market is the combined behavior of thousands of people responding to information, misinformation and whim." ~ Kenneth Chang

 

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