GANN's Method of speculating the market by Suaring Price

William Delbert Gann or WD Gann was one of the greatest speculator of financial market in the 1900. Among the method that he used was Squaring Price, Square of 9, mathematical calculation, swing base 7 etc.

Looking at the chart above, I used a Gann boxes, fan line and fibonacci trying to speculate the index level in the future.

At the moments, i ll not be writing n telling u about how i arrive at the final price n time, simply by looking at the chart. i speculate that price will end and complete its full cycle on the 30th of november 2017 at a level between 1733 to 1704.

from the chart, there is actually 3 level highlighted.

1. level 1733, being its 1/3 retracement level with the base of 175

2. level 1725, being its 38.2% fibonacci retracement level

3. level 1704, being its 50% retracement level.

At current level, price is still bullish.

If look closely at GANN squaring of price, i can tell you that GANN idea's on price movement actually is in a straight line. But along the way there is resistance making its to slow down n when it passed the resistance, price will move in a higher rate of change. But GANN always reminds n highlighted at certain point of degrees a reversal always expected to happen. These points are 90°, 120°, 180°, 240°, 270° n 360°.

What wonders people during his erra in the 1900 is, how didi WD Gann speculation having high percentage correctly on exact future price and date.

TBC...