Gann's cycles Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gann's cycles

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gale A. Thompson who wrote (61)	1/21/1999 9:49:00 PM
From: Gale A. Thompson	Read Replies (1) of 191

Here is the current data on Gann's January Effect: W.D.Gann: "Watch January 2nd to 7th and 15th to 21st; watch these time periods each year and note the high and low prices. Until these high prices are crossed or low prices broken, consider the trend up or down." Market Time High Low Dow 01/02 - 01/07 9759.44 9089.00 Dow 01/15 - 01/21 9499.14 9124.02 Dow 01/22 - 01/22 0000.00 0000.00 NasDaq 01/02 - 01/07 2369.55 2192.68 NasDaq 01/15 - 01/21 2474.30 2276.80 NasDaq 01/22 - 01/22 0000.00 0000.00 RUT 01/02 - 01/07 432.03 420.54 RUT 01/15 - 01/21 435.30 420.04 RUT 01/22 - 01/22 000.00 000.00 For the Dow, the highs are getting lower and the lows are getting higher, an inside day. So when we cross below 2192.68, we will be in a down-trend until we cross 9759.44 For the same period, NasDaq actually shows higher highs and higher lows, which would suggest an up-trend. When the price falls below 2192.68, Nasdaq will be in a down-trend. The Russell 2000 is showing higher highs and lower lows like an outside day. When the price drops below 420.04, the Russell will be in a down-trend. -- Gt --

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next