by SITM | Feb 22, 2024 | Gus Hingeley, No_index, Platinum
Can You Double? Two months on from the last Platinum Newsletter and we’ve seen the US indices, the Dow Jones, Nasdaq and S&P500 continue their strong moves from the October 2023 low and trading into new all-time high territory. The SPI200 is just holding its...
by SITM | Jan 29, 2024 | General Newsletter, Gus Hingeley, No_index
Which Way to Trade in 2024? To start the new year the SPI200 made clean double tops with the previous All-Time High of 7599 on 2 January 2024 after a good run up of 876 points out of the 30 October 2023 low. Chart 1 – SPI Double Tops This kind of setup has been well...
by SITM | Dec 13, 2023 | General Newsletter, Gus Hingeley, No_index
A Step Back in Time… and Price To wrap up 2023, I’ll look at a setup that WD Gann writes about in 45 years in Wall Street. This setup dates back to 1942 and builds on last month’s article, and a technique that Gann describes as one of his ‘Greatest Discoveries’....
by SITM | Dec 5, 2023 | Gus Hingeley, No_index, Platinum
A Gann Plan Welcome to my last Platinum Article for 2023. Being the last for the year I wanted to pack it with as much as possible and give you plenty to consider going into 2024. “Remember the rule: Tops or ceilings which are selling points become floors,...
by SITM | Nov 21, 2023 | General Newsletter, Gus Hingeley, No_index
The Last Fifty Percent? 45 Years in Wall Street, Chapter 4, ‘Percentage of High and Low Prices’. Part of this lesson is how to calculate the percentages of high and low prices and how important they are to watch as they act as support and resistance. “One of the...
by SITM | Nov 14, 2023 | Gus Hingeley, No_index, Platinum
Not Just Squares Looking at the major US indices against the SPI200, weekly swing lows have been made in the late part of October. The Dow, Nasdaq and S&P500 have now taken out their last weekly swing highs, whereas the SPI200 has only managed a slightly...