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In the last issue, we expected a rebound at one of the Gann Angles, and we speculated on a daily Gann Angle Retracement we wanted to use for a long entry. We supposed the low would be at about 1060-1055 last Tuesday (+ 2 days of elbow room). But on Wednesday the market produced its low at 1040, one floor down after all (the E-mini S&P 500 future contract rules!). That's where the S&P 500 almost reached the setup-anchored Gann Angle but it did not produce any reversal candle. Not before Friday the rescue attempt turned out well. By another test of the 1040 a double bottom was generated. Then we went long at 1058.50, after the break of the first square in the 15 minute GUNNER24 Up. Next target is at 1078.

Current GUNNER24 Setups
 MonthlyWeeklyDaily4 Hour
S&P500G24UpG24Downnone1271998618G24UpG24Downnone1265733543G24UpG24Downnone1282662813G24UpG24Downnone1283352277
DOWG24UpG24Downnone1271998730G24UpG24Downnone1282070209G24UpG24Downnone1281334779G24UpG24Downnone1283352298
NQ 100G24UpG24Downnone1263452647G24UpG24Downnone1263900290G24UpG24Downnone1281334095G24UpG24Downnone1283352321
DAXG24UpG24Downnone1271998544G24UpG24Downnone1281333787G24UpG24Downnone1277444038G24UpG24Downnone1283352339
EuStoxxG24UpG24Downnone1271998590G24UpG24Downnone1263900385G24UpG24Downnone1281334755G24UpG24Downnone1283352355
GoldG24UpG24Downnone1263900700G24UpG24Downnone1265309234G24UpG24Downnone1281333097G24UpG24Downnone1282070142
SilverG24UpG24Downnone1265316502G24UpG24Downnone1263899965G24UpG24Downnone1282758646G24UpG24Downnone1282758587
EUR/USDG24UpG24Downnone1265733434G24UpG24Downnone1273180475G24UpG24Downnone1281334147G24UpG24Downnone1283352376
USD/JPYG24UpG24Downnone1265835655G24UpG24Downnone1281332644G24UpG24Downnone1278487991G24UpG24Downnone1281332534
Last Update: 2010-09-01 16:46 CEST
Recently updated: EUR/USD 4 Hour
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