The next Gann inflection point on the S&P is 1144.25 +/- 1.5 points. I derived this from my personal Gann Square of 9 calculator. Should the S&P experience significant resistance at this level, I will likely initiate a short trade.
On the Dow, the next Gann inflection point is 10,732.50 +/- 15 points. For the NASDAQ composite, the next Gann inflection point is 2353 +/- 4.5 points.
Note, should price break through these inflection points with little resistance, then these inflection points can serve as support levels on any subsequent correction, and can be excellent long entry points if they do provide support.
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