Gann Square E6U20 Gann squares The chart below has all the secondary Gann squares marked on it with the horizontal yellow lines, also noted as ONE44 Static sup/res. These levels will remain constant until an important high, or low has been taken out. You can use them as support and then as
barchart trader ESU20 Update The 3166.00 major Gann square is now the swing point The break with the close back below the 3166.00 major Gann square on Tuesday was only able to go 38.2% back at 3108.00 keeping the market very strong. You can now use 3166.00 as the
Currencies EURO Update E6U7 The Euro continues to be held down by the 38.2% retracement. The 2018 high was 38.2% back to the all-time high, the high on 3/9/20 at 1.1502 was 38.2% back to the 2018 high and that took it to new lows as it
XNCR XNCR With a close above 33.46 look for 42.10 XNCR has traded above and below the long term swing point of 30.00 (a major Gann square) for 3 months now. The 200 day moving average has contained it on the upside and each time they trade below 30.
Bitcoin Bitcoin Caught between two major Fibs The long term target on the break from 61.8% at 10,050 remains at 6380, this is based on the 61.8% rule. The break from this area has also held 23.6% of the rally at 8850. So, they are now caught between
Soybeans, Soybeans Update Soybeans The Soybeans based on the nearby chart continue to rally from the 78.6% retracement on 4/22/20 at 815.00 and have now had a couple closes above the 200 day moving average. The first target based on the 78.6% rule is 920.00, this is
Soybeans ONE44 Analytics Soybean Update Soybean still under the 38.2% rule Using the nearby Soybean chart, we can look back to the June 2016 high that was 38.2% back up to the all-time high, this level was 1207.00. The 38.2% rule is, "Any market that holds 38.2% should go
Bitcoin Bitcoin and the Fibonacci retracements The rally that started on 3/13/20 has held all of the key retracements on the rally up to 10,359. The first setback on 3/30/20 held 38.2%, the second one held 23.6% on 4/16/20 and the third
JPM and GS New video of where JPM and GS have been and where they should be going based on the Fibonacci retracements
Fibonacci Retracements Featured New ONE44 Analytics Video This is an intro to using Fibonacci retracements
Fibonacci Retracements ESM20 update The S&P retested the long term swing point at 2930.00 and broke again. In general when a market fails to make a new high/low after the first corrective move, the following move should be much bigger than the first. In this case we know that the
23.6 Fibonacci Retracement ESM20 Update Setback holds 23.6% again The break from the long term swing point at 2930.00 took it right back to 23.6% of the rally at 2782.00. The previous low before they hit the long term swing point was also 23.6% back at 2718.00 on 4/
NQM20 This example deals with NQM20 daily chart and the ONE44 78.6% rule. When we use the last long term direct move up from the Dec. 2018 low to the all-time high, you can see that the bottom on 3/23/20 retraced 78.6% of this move at 6645.
Fibonacci Retracements ESM20 update For those of you who have read the Fibonacci rules and guidelines on our website, you would know that once they have reacted from 38.2% the next target on a close through this was going to be 61.8%, this is your 2930.00.
Bitcoin Bitcoin, target hit! The rally in Bitcoin from the major Gann timing on 3/13/20 has now hit the upside target area of the 7600 major Gann square and 38.2% back to the 6/26/19 high, this is 7700.
GCM20 Gold has hit a major target/retracement Gold has now hit the major retracement of 78.6% back to the all-time high and a major Gann square.. A very,very long term target on a break from here based on the 78.6% rule should send it back 78.6%
Bitcoin Bitcoin Target They are now approaching the first target area since the low, this is 7600 to 7700
S&P500 ESM20 update Long term swing point has been hit The S&P closed just above the long term swing point of 2641.00, this is 38% of the break from the all-time high and the 1x1 angle from the Dec 2018 low. It must now stay above this level to give
E-Minis S&P 500 update ESM20 The rally so far from the 2174.00 low has only been able to get up to 38.2% of the break at 2641.00, this is the long term swing point and until it can get a solid close above it the outlook is negative. A break from
Fibonacci Major S&P level ESM20 The major retracement that will tell us if a bottom is in for now, or they go right back and test the lows and possibly more is 38.2% of the whole move down, this is 2641.00. Hitting and or trading above this level and getting right back
Fibonacci Retracements The Fibs don't lie For anyone who may doubt the validity of the Fibonacci retracements and the proper way to use them, you only have to look at Friday's action, one of the most chaotic day's ever to see their value.
GS JPM and GS These two stocks show the importance of the long term levels and what retracement you are reacting from and what to expect. The first thing is we know that 2754.00 is 23.6% back to the 2009 low in the S&P and that this is now our
EXC Exelon Corp. EXC Exelon Corp. backed away from 38.2% of the Dec 2015 low and the all-time high once again up at 51.00. The current break from there has taken them right into 38.2% of the Dec. 2015 low, this level is 41.32, also in this area is