Learn more about the Gann law of natural vibration here.
In the chart below, you can see price bouncing off walls of support and resistance (green channel lines: solid and dashed), this shows price has 'managed moves', completed by very large players.
An advantage of using readtheticker.com is that the site has 200 years of Dow Jones data. This means if you do not have this data, you can not find market moving levels. If your charting tool does not have this data, then you are at a disadvantage. Of course the whales moving with Mr Market know these levels, best you do as well.
Of course, channels can change over time and move at different price angles (speed of advance). You can find these channels through simple trial and error. The more hits of price near support and resistance, the more likely it is that you have found the channel that dominates.
Yes, you can do the same with sine wave cycle analysis, but here we are using channels.
These years are very important for the Dow: 1835, 1842, and 1929 (A, B, C). Notice how extremely critical levels were forecast for these years.
Of course, adding more parallel channels can increase accuracy.
Of course, this works for other symbols like gold, silver, bitcoin, ethereum, bonds, and the dollar. Members can go to RTT Charts and select 'The Big Channels' to review more work like the above. Nothing works unless you have deep historical data, and we do have that!
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