Channeling Gann

In this daily chart of the $SPX Index for the beginning of 2017 through mid-September, you can see a pretty clean channel developing. Classical technical analysis. According to Gann’s Arcana and our forecast curve for the year, we are in a chop pattern for a couple months. Upcoming is one of W. D. Gann’s “turn times.” That is, September 26th. (give or take a day) is a marker where a sharp turn is supposed to take place. This is a place where the technical analysis would integrate the transmundane, predictive indicators of Gann by watching for a confluence where the price would touch the top of the channel within 1 day of this time.



DISCLAIMER: The examples above are given as demonstrations of technical analysis and are therefore hypothetical and not actual trades. They do not represent actual account results nor include the entirety of all predictions we make.

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