The 1x2 Gann angle is still holding water on the monthly chart of the S&P Index ($SPX). Tie that angle together with the 38.2% retracement and I'm looking some some support to kick in on the weekly and daily charts. The monthly charts are a great way to quickly identify the trend and keep the big picture in perspective. Take particular note of the Advanced GET Stochastic pushing below into the oversold area.
Trade Smart...
~Duane Gott
Click the image below to obtain a full view of the chart.
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