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
ONE44 Analytics ESZ20 The S&P closed below the 3266.00 major Gann square and swing point. This will remain the swing point for now. Provided they get right back above it, it will still need to close above 38.2% of the break at 3353.00 to say the break is
Bitcoin long term update The target on a break from the 11800 long term swing point remains at 9230. This area has a major Gann square at 9440,38.2% back to the 3/13/20 low at 9230 and the 200 day average at 9065. Despite being below the long term swing point
ESZ20 target hit The S&P has now hit the first target area of 3266.00/3255.00 on the break from the 3582.00 major Gann square. This combination target of a major Gann square and 23.6% back to the 3/23/20 low is key for the close today
Bitcoin Bitcoin Update BITCOIN/BTCUSD The current break from the 11800 long term swing point continues to trade below 23.6% of the move up at 10450, this is also a major Gann square. You can use this as the short term swing point. They will have to stay below 38.2% of
Gold GOLD & OIL UPDATE GCZ20 Gold continues to trade in a big wedge between 2000.00 and 1900.00. You can use 1940.00 as the swing point for the day. The first major level of importance below is 23.6% back to the 2015 low, this is 1860.00, the long term swing
ONE44 Analytics S&P500 ESU20 update Friday's close was just under 38.2% of the 6/15/20 low, this is 3335.00. The swing point to say the market is going to continue down is 3407.00, on a closing basis and the first target is still the area of the
Grains GRAINS SOYBEANS 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 to the all-time high and then 1045.00, this is 61.8% back
ESU20 Update ESU20 You can now use 3407.00 as the DSP for the overnight and tomorrow's close. This is 38.2% of the break from the 3582.00 major Gann square. As long as they remain below it, continue to look for the first target area of the 3266.
GRAINS SOYBEANS The soybeans have a few closes above the long term swing point at 945.00 and now need a couple closes above the 970.00 major Gann square to confirm a breakout and give us an upside target of 1045.00. The 945.00 level is 38.2% back
Bitcoin Bitcoin Bitcoin had one close above the long term swing point of 11800 again, but could not confirm a move higher with the second higher close. Yesterday's close put the market on the defensive once again. The long term target on a break from this area can take it
Gann Square ESU20 Update The break from the 3582.00 major Gann square took them through the 3474.00 swing point that is also a major Gann square and down to 23.6% back to the 6/15/20 low, this was 3433.00. Today's close was below the 3474.00 swing
Fibonacci Retracements ESU20 The S&P has now closed above the 3466.00 to 3488.00 Gann square cluster and as long as it can close above it again the next short term target is the next major Gann square 3582.00. The long term target will be the next cluster of
Bitcoin Bitcoin Bitcoin has failed to maintain close's above the 11,800 long term swing point. This now puts the market on the defensive and as long as they continue to close below it, the target is 38.2% back of the current move at 9300. Getting back to this
Soybeans, Grains Outlook Soybeans As we mentioned in our last update, the nearby bean contract held 38.2% of the current rally at 872.00 on 8/11/20. By doing this it keeps the trend positive and our first target of 970.00 and the longer term target of 1045.00 intact
ESU20 Major Gann square cluster ESU20 The major Gann cluster between 3466.00 and 3488.00 can produce a bigger reaction then the market has been having on this current rally. It is important to note that all of the setbacks have held the tightest retracements keeping it extremely positive, so these are some of
