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Dow Gann Angle Forecasting Tops (RTT Plus)
Created on: 2/9/2021 1:08:51 PM   Last Update: 2/9/2021 1:57:50 PM Posted by: RTT

dow-gann-angle-forecasting-tops-rtt-plusPrice moves to the line of the angle, more so when there is open ground and no support or resistance targets to guide the chart reader.


Here are two examples of Gann Angles forecasting price targets for future market tops in new high ground. Of course the same technique can be used for market bottoms, and with consolidations within support and resistance ranges (but you will have more price targets from support and resistance levels competing with Gann Angles levels).


Chart 1 - GOLD


GOLD





Chart 2 - DOW

Dow1




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NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.

Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.


NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

..."I learned early that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I’ve never forgotten that."..

Jesse Livermore


..“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”..

Bernard Baruch


.."A socialist is someone who has read Lenin and Marx. An anti-socialist is someone who undertstand Lenin and Marx"..


Ronald Reagan

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

Kenneth Chang


Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

Nobel Laureate for Economics Paul Samuelson




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