The highlighted channels are the reference channels for all clones. Basically when price crosses a channel clone trend line, price will next move to the proceeding trend line where price will test the new trend line. Current monthly candle is painting just across a green channel clone trend line. I will be watching to see if price can hold this crossing.
The red area is the reference channel. The white shaded areas are clones. The White lines formed where clones meet is focal point for trend forecasting.
Using nmike's 34 fisher for this chart. The 100 and 34 fisher are both looking pointy. Price is at the bottom of the bollinger bands and resting near old support. The trix is showing some divergence if looking at recent lows of price and trix . While May is seasonal low for sugar, June has usually provided a lift . Looking for a June sugar rush but not so sure we...
This chart is again more Gann Fan study. The chart is composed of more fans than I care to explain. However , the important thing to be drawn from this chart is the purple band. I know I could just draw a trend line and be done with it but the fans really give a visual representation of what a trend line really is and also help one judge the strength of that trend...
This chart is looking for a potential top in SPX using fan angles from cloned upward projecting fans. The reference fan for all angles is the upward projecting fan on bottom left. My thoughts are where these lines are concentrated there is resistance until crossed at which time they become support. SPX is currently sitting just below a concentration of dark blue...
Not sure why I began putting all these cloned fans on bottoms. But the emerging picture is revealing when it comes to lines of support and resistance.
Looking at an inverted head and shoulders with divergence on Trix and Fisher. Trix is crossing midpoint and Fisher looking to cross soon. Short term target of 1.75.
More Gann fan study. This appears to have a similar setup as in early 2012. I am anticipating a trend reversal with price peaking around 10.60. Nice gap up on volume yesterday in the candles. This appears to be news driven with more information about a phase three trial and my favorite buyout target rumors.
Looking for a trend reversal on this PAL Daily chart to compliment the PAL Weekly chart. Price needs to stay above the red line on the fan. The grey line is the desired 1x1 price path.
This chart is composed of two downward projecting fans and three upward projecting fans. The grey 1x1 angle of each upward fan appears to be predicting the approximate time and price of the following peak., as the corresponding 1x1 crosses the blue line of the major downward projecting fan on far left. The chart is dependent on a trend reversal now. A reversal...
Really amazed by the symmetry of this chart. Many numbers repeated in the construction of the chart, which is something I have not seen before. Not sure if I have been doing something wrong before or what. But i like it. The 1/1 of the major down projecting fan and the 1/1 of the major upward projecting fan intersect the Gann box perfectly at its mid point....
This chart is more Gann study. On the far left are high and low major fans. They are followed by a high and low minor fans. . Also included are two Gann squares . On the fans, I am looking for crossings of same color and price reaction to these crossings. Also noticing a relationship between crossing of of top red fan angle and price. The the squares are for...
More fan fare with this one. From a distance it looks real mess but within the web there appears to be a method to the madness. Looking from a distance we have the the two major Fans on the far left of the screen. One projecting up and one projecting down. Currently palladium price is wedged between the last two angles of these fans. Next there are two minor fans...
This chart was easier to make than expected once i had the weekly done it is more or less a copy with a couple more fans added. After closer examination, corn prices appears to be moving from the different fan angles to the lines created by the clones. These lines resemble limbs of a tree and act as highways for price movement much like the limbs of a tree act as...
After doing some research and seeing some close up images of actual charts by Gann, I got the idea of doing this chart. We have a Gann Fan then I cloned the 1x1 initial channel. As can be seen in the chart these channel clones continue to have influence on corn prices as support and resistance. Gann was cloning this very channel on his charts to forecast pricing....
I think WD Gann might call this a "Tunnel thru the Air".
Presented here is a true 1x1 ratio. 1 day for 1 dollar. I
This chart is an example of a Gann fan charted on a 1 day to 50 cent ration. On dailies, this is sometimes recommended.