Gann Master Cycle update
$DJIA & $S&P 500 are still following the Gann Master Cycle
Introduction
The $DJIA and $S&P 500 are both still following the Gann Master Cycle (GMC). Although the GMC projection is not based on wave structures but in helps to look at it. Below you find a wave structure for the $DJIA I find interesting.
As you can see in above chart after each 5 or 9 waves a shorter or longer term correction will set in. This will probably mean that when a wave 5 have set in any correction in 2022 towards 2023 could also probably be more similar to 7 years ago in 2015-2017 as indicated in above chart. Compared to the GMC that can be then a relative smaller decline. I stay open to all possibilities to unfold.
It is too early to call if a wave 5 in early 2022 has been set. I do think of the possibility we are currently in a wave c of 4 of some degree and wave 5 is still to come. Probably this could be a (failed Wave 5?) heading into March 2022 (or later). We will have to see first how the patterns unfold.
Below our customers - who subscribed to our recurring services here on substack - will find the dynamic adjusted updates on Gann Master Cycle on the $DJIA and the $S&P 500 a month ahead. They will receive detailed projections at the end/beginning of every week.
Note: For our readers of the recurring services here on substack or buyers of our Stock Market Outlook 2022 we are providing a month ahead projection based on the Gann Master Cycle (GMC) on a weekly basis for the $DJIA and $SPY. However the full year GMC projection will remain part of our Stock Market Outlook 2022 . For the Stock Market Outlook 2022 we are planning additional monthly updates for an additional fair fee.