Gann Master Cycle - Jan 27 2023
Will the $DJIA, $SPX, and $COMPX follow the 40-month Gann Master Cycle?
Introduction
Last week I wrote about a cycle between the midpoints of Solar and Lunar eclipses. This week will be crucial if the US indices, about 49 days from the previous high, will continue inversely or change the trend.
Often on eclipse dates and their midpoints, a stock, index, commodity, or other asset class may turn in trend or double invert around these dates. The markets can be pretty volatile around dates.
There are other cycles as well to consider. The famous Kitchin-cycle, a 40-42 month business cycle, made the Rothschilds, the famous Banker family, wealthy.
W.D. Gann knew this cycle as well. As he mentions in his Stock Market Course, the 40-month cycle is 1/3 of the important 10-year cycle.
This cycle has been quite good in forecasting the overall trend. Time is more important than price, so do stare at the amplitude. Cycles can invert as well.
This cycle favours a low around early March 2023. Our premium subscribers can further read this analysis and update on the Gann Master Cycles below.
Disclaimer: This analysis is intended for general informational & educational purposes only. Hypothetical or simulated performance based on past cycles has many limitations. Cycles can contract, extend and invert. Hence, past performance is no guarantee for the future. Trading futures, options, and stocks is a high-risk business. Fiorente2 Newsletter does not offer trade advice. Please take a look at our full disclaimer.
Disclosure: No direct positions at the time of writing