"TIME is the most important factor in determining market movements and by studying the past records of the averages or individual stocks you will be able to prove for yourself that history does repeat and that by knowing the past you can tell the future. … There is a definite relation between TIME and PRICE. … Now, by a study of the TIME PERIODS and TIME CYCLES you will learn why tops and bottoms are found at certain times and why Resistance Levels are so strong at certain times and bottoms and tops hold around them. … The most money is made when fast moves and extreme fluctuations occur at the end of major cycles."

Forcasting by Time Cycles Course

W.D. GANN

Sunday, 13 January 2013

Jan 14, 2014 Weekly Charts Update

Market respects 6th Harmonic Saturn longitude lines so far. On upside break next resistance will be around 1.3420 and below support will be around 1.3240.

Jupiter - Saturn Cycle shows bear market. So current development of the price is rather surprising for me. In astro related cycles inversions are always possible but i am not sure that it is the case here.

Above first chart shows celestial energy level and second chart differentiate good and bad aspects. Both charts signals trend change



In first chart declination index says bias should be bearish but as i said current development is surprising for me. On the second chart Mars declination is parallel with current development. If current correlation continue trend change should come at the beginning of April.

This is the Master Chart of the week. I will study daily aspects every single trade day during the week. We will start with a silent Monday.
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