Mnbrass549

Gann Arch for SPY 500

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Understand of Gann is look at the Future and the Present in a whole.. on a good Anchor (LL HL - HH LH ) you project the past stock movements and see where the stock is potentially going.

In this case we are looking at the Bright Green Lines that have multiple Confirmations for trend direction..
2nd more importantly 4 different arch have confirm these Movements. (I've highlighted these w/ pointing fingers to the and Thumbs Up when it came True.. )

Hope you enjoy this Gann Theory base chart... plan to do allot more in the future.. please follow.
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