Gann Box
How to set up the GannBox I'm usingA brief video to illistrate how to customise your gann box settings
KAT - is she landing on her feet?KAT - is she landing on her feet? Watch for more bullish news from the universe coming soon...
Gann Box and MACD AnalysisTSX:PEY appeared on my screener for a MACD crossover play. I applied Gann box and it looks like we are coming up on a critical point with the potential for the move upwards.
I have shown the 48 Day periods which is part of Gann's 192-day cycle to see if there are any points of reversals and it lines up pretty nicely. It appears that we just passed a 48 Day point and have consolidated until we reach that critical angle. We have reached the 15-Day mark after the spring equinox which Gann identifies as an important date to look for.
Looking at the chart above we can see that it's primed for a breakout based on the following reasons:
We are not only at the 52-Week Low but it also just peaked out of the Wave Trend "Buy" zone;
ADX value of 25 confirms the trend is strong;
Stoch and RSI are both low enough to still jump in the trend;
MACD crossover confirms entry.
What are your thoughts?
VFF continues to fallExpecting a further drop in pricing. Gann forecasting strengthens my opinion. What are your thoughts?
CLM2019 Potential Fade CLM9 and oil in general has gone up almost 50% since bottoming after the severe selloff. The upcoming weeks upside should be approached with caution as there is an increased risk of exposure reduction from buyers, which is expected to manifest itself in a potential pullback of 200+ ticks.
Is it possible that the SPX might just hit 1535?
In my opinion this is a very good possibility. We might just be in the early stages of a recession and the market is letting us know that it is not liking what it sees coming.
Lots of investors have been overlooking all the bad data and indicators. But to tell you the truth, this does not surprise me at all, considering they did the same exact thing right before the 2008 crash.
I see a lot of volatility in the market in the next few months to come, with a potential crash sometime during the end of the summer and beginning of fall.
Let’s hope that I am wrong for the sake of the middle class!
Crypto is where I will be putting my money