Introduction
I have not changed my mind since last week when I wrote:
“Although the cycles can contract, extent and invert it very much looks like the 60 and 90 years cycle lows may be in. The 20 year cycle low is expected on July 24th and looking at the planetary cycles this month the markets this cycle may challenge the recent lows of June 2022. I am giving it a 30% chance that a low is still to come.”
Like W.D. Gann has mentioned in his Stock Market Course:
“Time is the most important factor in determining market movements and by studying the past records of the averages of the individual stocks you will be able to prove yourself that history does repeat and by knowing the past you can tell the future”.
A cycle may not start exactly at the past high or low of an index or other equity. As cycles can contract and extend you cannot always conclude for example that the 60 year cycle or 90 year cycle has been set in exactly 60/90 years later. I will show you a thesis in todays post that aligns the 60 year cycle with a planetary angle on the low of June 1962, but this planetary angle is yet to come in the next two weeks.
In this weeks update I will show you also a different planetary cycle from an Helio perspective that aligns with this angle and was active and repeated on the crest of 2000, on the lows of 2002 and 2009 and now repeating again in the course of next 2 weeks. There is another cycles that squares on the same date, making this date important to watch for a change in trend.
Also W.D. Gann mentioned in the same section of his Stock Market Course:
“The ancient hunters had a rule that when they were searching to locate an animal in his den they always followed his tracks backwards, figuring this was the shortest route to his lair. The quickest way for you to learn how to determine future market movements is to study the past.”
He also wrote:
“A timing line of $1/Calendar day from old highs and lows may help find support and resistance”. W.D. Gann Stock Market Course
In this weeks update using the DJIA I will show you how past highs and lows squared out in price and time in recent days. This will give us some perspective where future support and resistance lays using the same methodology as W.D. Gann did.
The paid subscribers can read further from here on the latest Gann Master Cycle dynamic updates in which we also discuss the 60, 49 year and 20 year cycles on the DJIA, S&P 500 and Nasdaq Composite.
Hypothetical or simulated performance based on past cycles have many limitations. Cycles can contract, extend and invert. Hence, past performance is no guarantee for the future. Read our disclaimer.