What happens when cycles appear to fail ?
I never hide from things that fail.
Im writing as Friday 16th trade has closed, and obviously we have traded past the June 5 date.
Whilst I am not expecting a major pivot here just a reaction, these things are interesting to watch.
At major pivots or turns I am very interested because I need to manage investment positions as well as day to day trades.
If you are wed to a turn like June 5 you are likely to be sorely disappointed - GANN would have, and I have, lost no money here, in fact you made money following the mechanical trading system.
In any case what happens now?
Gann provided a number of curves for his clients as do I. He would monitor them and update his view, in his supply and demand letter or by telegram or letter as the market unfolded.
The 60 year cycle has been the prominent cycle for some time but they change, and our subscribers and workshop attendees have been aware I believed the cycle would change again this year.
Why do I say this ? Because I know where we are in the bigger cycle as do they.
The question is this : Are we due for a reaction here? and Is it of any benefit to us?
In any case what would GANN do now? He would be looking, as I have been, at the next closest fit curve.
In in 2023 the next 2 most likley cycles which our workshop attendees have, have tops on 17 June and 22 June .
An interesting time. there is much happening around this period.
GANN traders will recognise these types of things: Saturn goes retrograde on the 18th, we also have a new moon , we are 168 days from the start of the year ….. the 22 is the Seasonal date. W behave one of GANNS key trading rules play
There is much more … it goes on and on.
So it would not be unreasonable, but not guaranteed, something , a reaction may happen here.
The thing is we continue to trade the mechanical system, watching the key inflection dates in the additional curves until we settle into one in particular.
You can calculate these curves years in advance if you wish. Gann tells us how to.
As a day to day trader I dont really care, as an investor im very interested when we get to the end of the cycle.
So stay alert keep your eye on the ball and stick to your plan.
May the GoFR be with you.