Gann Master Cycle - Dec 23rd 2022

Is there a Fibonacci sequence in the US-Indices?

This is the last post for the year.

The SPX seems to be oversold for the moment as the Stochastic indicator seems to suggest. These indicators can drag on for some time at the crest or bottom, so it may be early in time for a change in trend. It may have a bump up into early January 2023 though.

The overall risk is to the downside unless we cross the 21-month moving average or the 200-day moving average. In above chart I have drawn in some Mars planetary lines drawn from the crest in 2022 and important points in time, like some gaps.

Looking into Fibonacci sequence between highs and lows (in weeks) in the above analysis shows that there are relevant changes in trend around Fibonacci numbers in weeks. (Note Fib 2x8 = 16 double Fib 8) . Adding 49, and 180 calendar days from interesting crests this may reveal future changes in trend in time.

Anomalies can occur, cycles can contract, extend and invert. So, always watch the chart in front of you.

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The Fiorente2 Stock Market Outlook 2023 has been published! Free subscribers can still purchase this at the pre-order price until the end of the holiday season. After that the price will increase to $55. You can download it here on my Gumroad website:

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