Gann Master Cycle - Sept 30 2022

$DJIA, $SPX and $COMPX following the Gann Master Cycle

Introduction

Last week the DJIA, the SPX continued to follow the Gann Master Cycle, whilst the Nasdaq Composite may have inverted the 49 year cycle. The Gann Master Cycle projection for the SPX fell to $3583, which was very close to the expected low of $3588.

The Sun and Venus Jupiter oppositions at the end of September may have caused some ‘volatility’ around the 28th of September on the US indices but did not cause a change in trend yet. A change in trend may occur in the 1-2 weeks after these aspects culminate.

On the S&P100 stocks more than 90% did have bearish momentum into the end of the week on Friday, as you can see in below chart.

The paid subscribers can read further from here on the above analysis in more detail and where we expect possible support in the next few weeks. In this post you also find the latest Gann Master Cycle dynamic updates for the DJIA, the S&P 500 and the Nasdaq Composite. We have also updated the list of stocks from the S&P100 that may have a cyclical turn in the next few weeks.

Hypothetical or simulated performance based on past cycles have many limitations. Cycles can contract, extend and invert. Anomalies can occur. Hence, past performance is no guarantee for the future. No advice. Read our disclaimer.