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In Chart 50, prices have fallen to a low of 34440 on 8/20, and then gapped to the upside, reaching a top of 35840 on 8/25.

Gaps are usually good, except in a situation as this. Anticipate price falling to the 34920 - 34552 area.

THE W. D. GANN METHOD OF TRADING - A SIMPLIFIED, CLEAR APPROACH explains:

• WHY, in such a situation, a gap MAY NOT be a buy signal.

• WHY only BUY, and not SELL orders should be placed,

• WHY lower prices could be anticipated to the 35022 - 34650 area,

• WHEN, and AT WHAT PRICE the market could be bought, and

• HOW FAR prices may fall again, before another buying opportunity occurs.

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