Fibonacci Retracements S&P 500 ESZ20 In the S&P use the 3474.00 major Gann square as the swing point for now, above it they go for new all-time highs and the 3690.00 major Gann square. Below 3474.00 is negative, but it will have to take out 38.2% of the
barchart trader WHEAT ZWZ20 Wheat has now had a few close's above our long term swing point of 590.00, this is 23.6% back to the 2008 high and 38.2% back to the 2012 high and just below it, at 585.00 is a major Gann square, as long
Fibonacci Retracements CORN ZCZ20 Corn remains well above the 200 day moving average at 347.50 and our long term swing point of 360.00, this is where the current rally is coming from. This was a major Gann square and 38.2% back to this years low. We have a couple targets
Soybeans Soybeans ZSF21 The Beans are trading above our long term swing point of 1045.00, as long as they remain above it the long term target is 1169.00 this is 38.2% back up to the all-time high, also in this area is the 1160.00 major Gann square. As
Fibonacci Retracements GOLD Update GCZ20 Gold held the critical area of 1850.00 to 1836.00 and the rally from there, so far has fallen just short of 38.2% of the break at 1942.00. Like the Oil I think this can be the two levels this market could trade between for the
Crude oil Crude Oil Update CLX20 Oil has now hit the 200 day moving average at 41.12, after rallying again from the 36.50 long term swing point, I still feel this should be the top end of a trading range for a few more weeks, between these two levels. With a couple solid
S&P 500 Update ESZ20 The S&P remains very strong, especially after holding 3337.25 (38.2%) on Wednesday. The longer term target is new all-time highs, however they did close right at the 3474.00 major Gann square and are into an area where a lot of markets fail from when
Gold GCZ20 The rally from the first target area of 1850.00 to 1836.00 failed to get up to 38.2% of the break from the all-time high (1940.00). Like Crude Oil, the two key areas of 1950.00 to 1940.00 could be the trading range for the next
Fibonacci Retracements CLX20 On a rally from the 36.50 long term swing point look for the 200 day average at 41.28. It still looks like the 200 day (41.28) and the long term swing point (36.50) could be the trading range for a while. This part remains the same
barchart trader ESZ20 Use 3337.25 as the swing point for the overnight. This is 38.2% from the 3421.75 high to the 3198.00 low. Holding this area should send them back up to new highs. If all they can get up to is 38.2% of today's break
WHEAT UPDATE WHEAT This was the update for 9/27/20 The Wheat remains the same, the swing point is the 530.00 major Gann square. Above it, look for the 585.00 major Gann square and below it they go for the 480.00 major Gann square. It will still take
CORN UPDATE CORN This was the update for 9/27/20 Corn is now well above the 200 day moving average and sitting right on our long term swing point of 360.00, this is a major Gann square and 38.2% back to the 2019 high. As long as it can
Soybean Update SOYBEANS This was the update on 9/27/20 Now that they have hit both of these targets, 1045.00 becomes the long term swing point. On a break from this area the target is 945.00, this is 38.2% back to the 5/14/19 low. This level
Gold GCZ20 Update Gold held the critical area of 1850.00 to 1836.00. This area is 23.6% back to the 2015 low (1845.00), 38.2% back to the 3/16/20 low (1850.00), 61.8% back to the 6/5/20 low (1845.00) and a major Gann square
CLX20 Update The rally from the 36.50 swing point, that was 38.2% back to the 4/22/20 low failed to get above the 200 day moving average at 41.63. They could trade between these two key levels for the next few weeks, or months. For the downside, a
ESZ20 ESZ20 Update The S&P is above the swing point of 3266.00 and above 38.2% of the current break (3342.25) which should mean the break is over and it should go for new all-time highs. A key level of resistance before then is the 3474.00 major Gann
w.d. gann W.D. Gann and the Law of Vibration Law of Vibration W. D, Gann decided to focus on studying this natural law as applicable to the speculative markets and devote his best energies toward making speculation a profitable profession. After exhaustive research and investigations of the known sciences, he discovered the Law of Vibration enabled him to accurately
Fibonacci Grains Update SOYBEANS In our last update on 9/10/20, this is what we posted... The Soybeans have now had two closes above the 970.00 major Gann square. This is now our swing point. As long as they remain above it, look for 1020.00, this is 23.6% back
Fibonacci Retracements ESZ20 Update The S&P is back above the 3266.00 major Gann square/swing point and closed right at 23.6% of the break from the all-time high (3286.00). Provided they can stay above 3266.00, they would still have to close above 38.2% back to the all-time
Crude oil OIL and GOLD Update CLX20 CLX20 The target on the rally from 38.2% back to the 4/22/20 low at 36.50 should send them to 46.50, failing to get a couple closes above the 200 day average at 42.10 should send it back to retest 36.50. These two
