Gann Master Cycle - Aug 12th 2022

$DJIA, $SPX and $NasdaqComposite update

Introduction

I often tweet about upcoming seasonal dates. There is one upcoming Aug 23rd, that is less often recognized as a seasonal date. In his Stock Market Course W.D. Gann mentioned this date in the section on the Monthly Changes.

“The seasonal changes or monthly changes based on the beginning of any seasonal changes are important to watch for tops and bottoms. August 23rd is 240° from December 22nd.” W.D. Gann - Stock Market Course

W.D. Gann is right about this Aug 23rd date that around this date you should watch for a change in trend. 137 years of Stock Market Data seem to confirms this.

However, this year I would add 240 Solar degrees from crest 2022 (Jan 5th 2022), which brings you to early September for a probable seasonal change. Depending if history repeats. The 20 and 60-year cycle made a high around this date. The 49/50-year cycle may spoil all this and drag the indices even into further heights, right into early October 2022.

The decennial pattern, a composite of all cycles with year ending on a 2 makes a high right on Aug 23rd and the seasonal cycle (a composite of all cycles) on 137 years of data just a week later. These are all averages and the pattern here is more important than the amplitude. The analysis shows the seasonality that W.D. Gann discussed in his Stock Market Course does exists.

It is getting boring but the main US Stock Market Indices during last week kept on following the Gann Master Cycles. We expect the current rebound from June 2022 may not be over yet and the stock market may be trading a wall of worry into mid of August - mid of September 2022. There is volatility ahead we discuss in this week’s newsletter as well. Be careful out there.

The paid subscribers can read further from here on the latest Gann Master Cycle dynamic updates for the DJIA and the S&P 500 as well as an update on Nasdaq Composite following the 49-year cycle. We will be looking back to longer and shorter term cycles to see what we can learn from the past for the foreseeable future.

We updated the S&P 100 stocks that are expecting cyclical turns in the next few weeks.

Hypothetical or simulated performance based on past cycles have many limitations. Cycles can contract, extend and invert. Anomalies can occur. Hence, past performance is no guarantee for the future. No advice. Read our disclaimer.