Gann Master Cycle update
US Indices: $DJIA, $S&P500, $Nasdaq Composite at important cross roads.
Introduction
This is a short update as I am still enjoying time-off and travelling today. Last week I mentioned that the US Indices were approaching long term cycle lows and the 60 year Gann Master Cycle low made a turn a week earlier than expected.
This was around a natural seasonal dates that W.D. Gann reckoned to be of importance.
W.D. Gann wrote in his Stock Market Course: "June 22nd is 93 days from March 21st, which equals 90°, and of course, is opposite December 22nd, and is important as seasonal change, as summer begins at this date. July 7th is 15 days from June 22nd and six months or 180 days from January 7th. It is the next important date to watch after June 22nd."
As discussed last week the long term cycles that best fits the current market circumstances are the 60 year Gann Master Cycle, the 20 year cycle and the 49 year cycle. It is not impossible that if the shit hits the fan there is a final capitulation like in 1932, 90 years ago around July 8th, which also fits with the seasonal dates W.D. Gann wrote about: ”July 7th is the next important date to watch after June 22nd”.
The 60 year Gann Master Cycle is an harmonic of the 20 year cycle. We know what happened 20 years ago around July 7th/July 8th and we show our paid subscribers the alternative scenario when to expect the 20 year cycle low.
W.D. Gann mentioned in his Stock Market Course:
“The most important Time cycle, is the 20-year cycle, or 240 months and most stocks and averages work closer to this cycle than any other”
Like with the 1929 forecast of W.D. Gann and his discovery of the 60 year cycle, he mentioned that the 60 year cycle high in 1929 was expected in July but based on the 20 year cycle in August.
So, similar for our 2022 forecast looking back into 1962 and 2002, the 60 year cycle low was expected in June 2022 and the 20 year cycle low in July 2022. So, we may need to give the US indices some leverage and there is a 30% chance the intermediate bear market low has yet to be printed.
From an historic perspective the US Indices made important lows in June-July of the years discussed in this post. So, be careful. It is like at the crossroads there may be another train coming. Cycles can contract, extend and invert.
The paid subscribers can read further from here on the latest Gann Master Cycle dynamic updates.
P.S. Billing has resumed although I will not resume work until next week. If not already a subscriber, you can now subscribe for a premium subscription. However, do expect some delay in response as I am travelling during the coming week if you have any questions.
Hypothetical or simulated performance based on past cycles have many limitations. Hence, past performance is no guarantee for the future. Read our disclaimer.