Gann Master Cycle - July 29 2022
$DJIA, $S&P 500 and $Nasdaq Composite approaching seasonal dates
Introduction
In this week’s newsletter we focus on the seasonal dates that may cause a reversal in trend.
In his Stock Market Course W.D. Gann wrote about the importance to watch seasonal changes:
“Stocks make important changes in trend every 30,60,120,150,210,240,300,330,360 days or degrees from any important top or bottom.
August 8th 47 day; from June 22nd, but the Sun has only moved 45°, which equals the 45° angle. This is a very important date for change in trend, and you should watch stocks that make tops and around this date.
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.”
The above dates: 8th/23rd August are probable dates for a reversal to occur.
Moreover, from the recent lows of June 17th the overall Stock Market Indices are also close to 49 calendar days from that low in June.
According to W.D. Gann in the same Stock Market Course:
“As there are 7 days in a week and seven times seven equals 49 days or 7 weeks this often marks an important turning point. Therefore, you should watch for top or bottom around the 49th to 52nd day, although at times a change will start on the 42nd to 45th day, because a period of 45 days is 1/8 of a year.”
After 7 days a new cycle starts, and 7x7 is the 7 multiple of the smaller cycle. So, a new cycle may start after 49 days, often regarded as the “death" zone.
This may become reality when looking at the cycles within the individual stocks of the S&P 100 index. There are a lot of stocks (nearly 40%) in this index that are due for a cyclical turn next week and 60% for the month of August in total. That is significant to expect a reversal move for at least a couple of weeks.
In below overview I have labelled each stock that is due for a cyclical turn next week according to the current momentum in the medium term timeframe.
No advice though, but good to watch these stocks and keep in mind that cycles can contract, extend and invert.
Based on the planetary intersections of 36 planetary cycles I expect the stock market in August 2022 to be quite volatile. Thee are quite a view of hard planetary aspects in August that may cause a reversal. Uranus will go Retrograde (Rx) by the end of the month, which is the fifth planet already! Our premium subscribers can read more on this as well as on the UVXY VIX Short Term Future ETF I tweeted about last week.
The main US Stock Market during last week kept on the following the Gann Master Cycle for the DJIA, S&P500 and the Nasdaq Composite. The paid subscribers can also 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.
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. No advice. Read our disclaimer.