Dow Gann Angle Forecasting Tops (RTT Plus)
Created on: 2/9/2021 1:08:51 PM
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Price moves to the line of the angle, more so when there is open ground and no support or resistance targets to guide the chart reader.
Here are two examples of Gann Angles forecasting price targets for future market tops in new high ground. Of course the same technique can be used for market bottoms, and with consolidations within support and resistance ranges (but you will have more price targets from support and resistance levels competing with Gann Angles levels).
Chart 1 - GOLD

Chart 2 - DOW


NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.
Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
..“What beat me was not having the brains enough to stick to my own game – that is, to play the market only when I was satisfied that precedents favored my play.”..
Jesse Livermore
After a question on how to become a better investor professional Mr Munger responded, ..“Read history, read history, read history."..
Charlie Munger
.."October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February."..
Mark Twain
.."Money can't buy you happiness but it does bring you a more pleasant form of misery"..
Spike Milligan
In the short run, the market is a voting machine, but in the long run it is a weighing machine.
Benjamin Graham
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