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With many of our articles relating to short term movement, I thought it would be somewhat refreshing to see more on the ABC techniques being applied over a longer term.

During the past few months, we have been tracking a long-term diagonal spread on the Nasdaq 100 Trust (QQQ). We are still following this trade, but as it is long term, we have only updated occasionally, normally right before option expiration. However, since we needed to sell a new option for December, we have updated the trade.

Well it almost seemed that the hot headline of interest rates would disappear from the daily press. But like it or not the theme is going to be much debated in the coming months.

David Bowden has said many times in the past that when it comes to Gann analysis, ‘Your hindsight will become your foresight, if used often enough’. There is great benefit in students just taking the time to pour over charts and find examples of the market proving the rules.

In his article on Sugar last week, Noel Campbell recommended a subscription to world futures data, and he mentioned that other commodity markets around the globe may be worth looking at.