Since early February the S&P 500 Index has closely been following the Gann Mass Pressure Chart, and suggests that August 7 (Tue) marked a major high and Aug 15 (Wed) an intermediate low. The rally should now pause for about two days into August 21 (Tue) before continuing into August 25 (Sat). Next would be a swing down into the last trading day of August. From there the Mass Pressure Chart moves sideways-to-down to another major low end of October. From there the Mass Pressure Chart rises into the last trading day of 2018. More on the concept of Gann's Mass Pressure Chart HERE |