Cycles according to WD Gann:
Thus the 30 year time cycle will be divided into important probable turning points as follows:
1/8 - 3.75 years
1/4 - 7.5 years
1/3 - 10 years and (3/8, 1/2....) so on .
The further divisions of time and price are derived from this master chart as follows:
144*144 = 20,736.
The important divisions are:
Div. Days Weeks Months Years
1 20,736 2,962 682 56.8
1/2 10,368 1,481 341 28.4
1/4 5,184 740 170 14.2
1/8 2,592 370 85 7.1
1/16 1,296 185 43 3.55
1/32 648 93 21 1.77
1/64 324 46 11 .89
GL traders
Thank you for all these great posts on cycles. WD Gann was without any doubt the most outstanding trader that ever lived.
ReplyDeleteThe first table is from JM Hurst's work....
ReplyDeleteThough I believe his Square of 9 produces much more impressive timing turning points
ReplyDeleteGann has an impressive volume of work, I only tried to highlight some of his work regarding cycle lengths.
ReplyDeleteI have calculated cycle lengths for the DJIA beginning in 1896 to current. Here is a list along with a parameter "Amplitude" or A which varies from -1 to 1 and is a measure of strength and direction anchored to the base date.
ReplyDeleteA Days Years
0.61 48808 133.6
0.58 16349 44.8
0.54 10776 29.5
-0.35 9858 27.0
0.19 5315 14.6
-0.11 4377 12.0 [length of solar cycle]
0.27 3660 10.0
-0.15 3416 9.4
0.17 3177 8.7 [The "Pi" cycle of Martin Armstrong]
-0.09 2819 7.7
-0.07 2599 7.1
-0.07 2191 6.0
-0.06 1950 5.3
-0.06 1820 5.0
-0.04 1453 4.0 ["election cycle"]
0.08 1226 3.4
Everything Cycle Dawg says at the top of the page is, in the words of Frank Zappa, "very very true!"
Paolo - always look forward to your model updates
ReplyDelete