Dow Jones Gann Angle Update

The Dow Jones has its own manner, some stocks are fast, some stocks are slow and some are in between. No matter the powers behind the scenes Gann Angles will help the chartist with the 'Dow Jones Manner Watch'!


These charts provided by NorthmanTrader clearly showing the puppet master behind the scenes

and ..

With all the above going on we still can see how the Dow Jones migrates to its controlling Gann Angles.

Now what to expect going forward into some of the most difficult months for stocks (New York summer months) is testing action off the 1x2 and 1x1 Gann Angles. You can assume this, the wise will most likely distribute stock float at these recovered price levels (thanks FED), the not so wise will likely assume the FED put will continue to save the day, every day. The black box on the chart is the expected zone for future price action (see blow).

Of course we all see the traditional head and shoulders, but as we can all see this, it is likely to be managed by the puppet masters. And a another 'of course', if the brown 1x1 Gann Angle is broken a down swing swoon of 20% or more can be expected. 

Original Post: http://bit.ly/2DbOyfc

Dow Jones Gann Angle Update

Let's review the Dow Jones Industrial Gann Angles and its secret sauce dominate cycle.


Dow Jones hit upper resistance Gann angle early 2019, a sell of followed, now the bounce works its way through the down ward Gann Angle, a fail at either make or break point will see the bounce sell off, and that may get very interesting!

This cycle has worked for over 100 years, now we much watch the rest of 2019 to see if we get any more downward pressure. This cycle was found using readtheticker.com Hurst cycle tools and Bartels math.

Original Post: http://bit.ly/2DHWJPP

Dow Jones Gann Angle Update

This kinda looks like an Eiffel Tower rally.


Since Nov 2016, this has been BUY the rumor of the Trump tax plan, and maybe now its SELL the fact as the good news was very much over priced. Stock strategists know taking owner ship of a stock market rally is never a good idea, as what goes up 30% can come down 100%, Trump should never put his name on this rally as he will own it in the public eyes when it goes down. Does this make the Dow Jones political with the looming 2018 mid term elections? If it does it could be very interesting in 2018.

The price action is so fake, giant fast moves higher never happened before Nov 2016, so why now, is it the HFT's doing all the buying? Do they work just as good on the down side, maybe not. This forecast is a dead cert, 2018 will not see the CBOE VIX under 10 for the entire year.

Its on the table ...

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Dow Jones Gann Angle Update

When the Dow Jones moves the media must have an explanation for it. However the insiders have the nod to what is going on.


The media story so far is that since the TRUMP win, managers have been rotating their portfolios to represent TRUMP trends (lower taxes, go easy on the 'too big to fail' Wall Street banks, more jobs for Americans). Prior the election the stock market was set up for a HILLARY win, due to more of the same, status quo, FED support. But....

Using Richard Ney logic, the short answer is, stocks were always going up and the election results do not matter nor would a higher 10 yr bond or lackluster fundamentals. The real story is the market makers have been accumulating stocking inventory for a year, and they must mark up prices to sell their inventory at a higher level to the uniformed (public) to secure profits. Positive stories are fed to the media to promote the move as acceptable. POINT: Stock market moves are sourced from the inventory demands of the most advanced professionals.

The Dow Jones chart below shows the CAUSE and EFFECT in play, Dow 20,000 or 21,000 will soon to be in the media headlines.

Original Post: http://ift.tt/2hieV9S