Nasdaq and the 60 year cycle
Gann Master Cycle update - $DJIA, S&P500 and the Nasdaq
Introduction
When W.D. Gann considered an annual forecast he always made use of the Gann Master Time factor, the 60 year cycle, or three times the Jupiter-Saturn synodic cycle.
In his own words from his Stock Market Course:
GREAT CYCLE - MASTER TIME PERIOD - 60 YEARS
“This is the greatest and most important cycle of all, which repeats every 60 years or at the end of the third 20-year cycle. You see the importance of this by referring to the war period from 1861 to 1869 and the panic following 1869; also 60 years later — 1921 to 1929 — the greatest bull market in history and the greatest panic in history followed. This proves the accuracy and value of this great time period.” W.D. Gann
For the $DJIA and the $S&P 500 there is enough data to see what happened 60 years ago. For the Nasdaq this is not possible as the Nasdaq starting only trading since February 8th 1971, 51 years ago.
Instead we use another Gann Master Cycle, W.D. Gann mentioned in his Stock Market Course, the 49/50 year cycle and so far the Nasdaq Composite has been following this cycle.
Last week the Nasdaq composite made a low around 50% from the last leg upwards (March 23rd 2020 - November 22nd 2021). This is an important retracement from the last low to high where you can expect a change in trend, although if the index or stock is weak a further decline is possible. The Nasdaq composite also made a 5 wave decline and squared out on a 45 degree line from top September 2021.
Hence, this looks like an important point in time and price.
Further looking into the Nasdaq’s position, the 60 year cycle, and three times back the Jupiter-Saturn synodic cycle (Helio), I found some interesting relationships with the 60 year cycle low in the $DJIA and the $S&P500 to pay attention to in the next few days.
Our paid subscribers here on Substack can continue reading below weekly update on the Nasdaq and on the Gann Master Cycle following the S&P500 and the $DJIA.
P.S.: On all of our communications, posts and analysis our Terms of Use and Disclaimer apply. Hypothetical or simulated performance based on past cycles have many limitations. Hence, past performance is no guarantee for the future. Anomalies can occur and cycles can contract, extend or invert. So, be careful and always watch the charts in front of you.