| Vol. 1, No. 6 |
March 20, 2002
|
|
|
 |
|
180 DEGREE OR 180 DAY CHANGE OF TREND
- 2002 UPDATE
In Volume 1, Number 5 of The New W. D. Gann Technical Review Billy Jones stated:
"One of W. D. Gann's methods to determine major trend changes is the '180 Degree' or 180-calendar day trend change. 180 degrees of the cycle of a year is equal to 180 days.
Gann said to watch all markets that have been up or down that period of time."
In that article Billy illustrated 180-degree or 180-day market moves on the S & P, the Swiss Franc, the Deutche Mark, Gold, Orange Juice and Live Cattle. These examples were from the year 1985 - the year Billy's article was first published.
Before examining some recent examples of 180-degree or 180-day changes of trend, let us first note what Mr. Gann taught us:
MONTHLY CHANGES
Stocks make important changes of trend every 30, 60, [90], 120, 150, [180], 210, 240, [270], 330 and 360 days or degrees from any important top or bottom. These seasonal changes or monthly changes based on the beginning of any seasonal changes are important to watch for tops and bottoms.
(Gann, W. D., W. D. Gann Stockmarket Course, Lambert-Gann Publishing Company, Pomeroy, WA.)
The above quotation from the W. D. Gann Stockmarket Course is a very powerful statement indeed. In a few brief lines W. D. Gann outlines the basis of 'Solar Degrees' and its link to Seasonal Time. It has even greater significance if one studies the numbers he omitted (inserted in square brackets above) and relate them to the Gann symbol.
At this point you may find it beneficial to re-read Volume 1, Number 4 of The New W. D. Gann Technical Review that discusses the concept of 'Seasonal Time'. Solar Degrees is a special case of Seasonal Time, where the starting point becomes a major high or low in the market, rather than the dates of the solstices or the equinoxes.
Days and Degrees
Days and degrees are two entirely different methods of measuring time. One day is one revolution of the earth on its axis. This is 1/365th of a calendar year.
One solar degree is the time it takes for the earth to travel 1/360th of its elliptical orbit around the sun. As there are 365.24 days on one year and 360 degrees in one year, one day does not equal one degree.
In the quotation above, Gann said:
Stocks make important changes of trend every 30, 60, [90], 120, 150, [180], 210, 240, [270], 330 and 360 days or degrees from any important top or bottom.
Note that he said days OR degrees.
The following charts illustrating the concept of markets moving in 180-degree or 180-day moves:
Australian All Ordinaries SPI 200 - 178 days, low to low.
S&P 500 - 178 degrees (183 days) low to low.
Swiss Franc - 179 degrees (183 days)
Solar degrees can be a powerful method of determining the likely dates of major and intermediate market tops and bottoms. This topic is covered in detail in 'The W. D. Gann Experience' seminar.
ACKNOWLEDGEMENT:
The charts reproduced in this article were produced by Market Analyst II software.
DISCLAIMER:
Every effort has been made to ensure that the content and conclusions presented in The New W. D. Gann Technical Review are complete and accurate.
No part of The New W. D. Gann Technical Review contains trading advice - stated or implied, nor is an invitation to trade. The directors and associates of Lambert-Gann Educators, Inc. are NOT licensed trading or investment advisors. Lambert-Gann Educators, Inc. is an organization designed to assist traders and investors to become more knowledgeable and independent.
The giving of advice is therefore contrary to the very objectives of Lambert-Gann Educators, Inc.
Traders requiring trading or investment advice should contact a licensed advisor.
Stockbrokers and futures brokers are licensed advisors.
Neither Lambert-Gann Educators, Inc., nor anyone else involved in the production of The New W. D. Gann Technical Review, will be liable for any liability, loss or damage directly or indirectly caused, or believed to be caused, by The New W. D. Gann Technical Review.
Traders, to be successful, must take full responsibility for their own actions.
With respect to trading results, past performance is not necessarily an indication of future performance.
By maintaining your subscription to The New W. D. Gann Technical Review, you acknowledge that you understand and accept the contents of this disclaimer.
Lambert-Gann Educators, Inc.
1040 Spencer Road
SABINA OH 45169
| Phone: |
800-613-8918 (From within the United States)
1 937 584-2899 (International) |
| Fax: |
937 584-4556 (From within the United States)
1 937 584-4556 (International) |
| E-mail: |
info@lambertganneducators.com |
Copyright © 2002, by Lambert-Gann Educators, Inc. All rights reserved.
All of Mr. Gann's books and courses are available from the Lambert-Gann Publishing, Inc.
www.wdgann.com
