SP 500: McLaren e Gann insieme

Altro esempio di questa tecnica:
http://charts.dacharts.net/2009-07-20/Deviad-83.png

La metà di quell'area di valore delimitata dai segmenti in verde è 827.qualcosa.
Quel livello non l'abbiamo violato.
Poco + sopra, lascio a voi il compito di trovarvela sul grafico, ce n'è un'altra la cui metà è circa 880 e che abbiamo violato invalidando il pattern.


Pertanto, se non violiamo 827.qualcosa il T1 è 968.58, il T2 è 988.66.
Guardate come i target coincidono pressappoco con quelli trovati con altre tecniche. Questa è la conferma della loro validità.

Inoltre, andando a vedere ciò che c'è dietro quell'estensione del 12.50% di cui parlavo nel thread sull'SP500 che ho creato: al superamento del max di giugno scatteranno gli stop loss di chi era andato short che portano il mercato a raggiungere l'estensione del 12.50% a circa 992, ma non partiranno nuovi acquisti che facciano da combustibile ad un aumento ulteriore dei prezzi. Quindi ci sarà qualcuno che, fidandosi della teoria per cui bisogna comprare/vendere sulle rotture, comprerà e rimarrà incastrato.

Anche qua i volumi ci danno una mano giacché sono in divergenza. Uno spike dei volumi su di un max in quell'area, se ci sarà, è da interpretare come un esaurimento del movimento.

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Square of 9
The Square of 9 is one of Ganntrader’s most powerful tools. Before you can understand what the
program is doing with the feature you have to be familiar with how the basic Square of 9 works.
On the next page we have a copy of the Square of 9, which is also available in a Microsoft Excel
template version included with the CD in the back of this book. Please look at the square in front
of you as we try to explain its use.
The chart consists of a spiral of numbers beginning with ‘1’ in the center and expanding outward
in a clockwise direction. It is often called the ‘Square of 9’ because of the fact that the first
square in the center ends on the number ‘9’. The real Square of 9 is something altogether
different but the name has been used enough that we will refer to it as the ‘Square of 9’ rather
than the ‘Master Price and Time Calculator’ as Gann named it. Notice the numbers
9, 25, 49, 81... running along the Southwest corner of the square and the numbers 4, 16, 36, 64,
100... running along the Northeast corner. These are what Gann refers to as the odd and even
squares of numbers. The odd squares are 3x3 = 9, 5x5 = 25... and the even squares are 2x2 = 4,
4x4 = 16... In theory the numbers could be expanded to infinity; Gann had squares that extended
to 1089 (33x33) or 2025 (45x45). Over the years there have been Gann Wheels produced that
extended to over 10,000. In all versions the odd squares are along one corner and the even
squares along the opposite corner.
Note that each 3600 ring from odd square to odd square increases by 8 points over the previous
ring. From 1 to 9 is 8 points, from 9 to 25 is 16 points, from 25 to 49 is 24 points and so on. A
3600 move on the wheel follows the mathematical formula (√n + 2)2. Take the square root of
any number ‘n’ on the wheel add 2 and square the results. For example, the square root of 25 is
5, add 2 give 7. Squaring 7x7 gives 49 which is 3600 out from 25. Any other degree position is
derived by using fractional parts of 2. A 900 move is 0.5 added to the square root of the original
number, for example. This formula, used by the program, produces results, which are more
accurate than the mechanical square’s number distribution.
Notice that the even squares should be exactly 1800 from the odd squares using this formula but
that would require adding a little more space in the first 1800 of a turn and a little less space
between numbers in the second 1800 swing. In the 1930’s Gann was laying these charts out on
regular graph paper and being that precise was not possible. Imagine what he could have done
with a computer! Keep this fact in mind when you compare the program’s output with the actual
chart’s numbers.
Because of this square root expansion there are more numbers between the corners of the chart
the further out from the center you go. This explains why higher priced markets move a greater
number of points up or down than lower priced markets do. There are simply more numbers
between the corners and sides which are the stable points in the chart.

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Square of 9 Price Divisions
Price divisions of the Square of 9 divide up the square into 900 and 120° increments but the
division lines are not linear from the bottom to the top of the chart. The prices expand by a factor
of 8 points as the prices move into each higher odd square. In the previous chart the difference in
price from the 90° line at 12.25 and the odd square line below it at 9 is 3.25 points. (12.25 - 9)
The difference between the odd square line at 25 and the 90° line above it is 5.25 points. (30.25 -
25) One of Gann’s discoveries was that markets become more volatile at higher price levels. The
distance from corner to corner on the Square of 9 expands as you move out from the center.
Gann developed the Square of 9 as a tool to measure and predict this expansion.
The previous chart of Apple Computer shows that the prices find support and resistance at 16,
20.25 but when there is a breakout above 25 the market moves all the way to 30.25. When it
broke 25 it went into a new energy level between 25 and 49 and the full circle is 24 points (49-
25) rather than 16 points in the previous ring. (25-9). If the price resistance levels of the previous
ring had prevailed the price should have stopped at 28.25 (25 + 3.25) or 29.25 (25 + 4.25) but
instead it went all the way to 30.25 which is the new resistance level in the new energy ring of 25
to 49. Compare the price levels calculated by the program and the prices on the mechanical
wheel. Starting from ‘9’ the numbers 90 degrees clockwise are 13 followed by 17, 21, 25, and
31. This is as accurate as you can get using a mechanically drawn figure. The more precise
values are 12.25, 16, 20.25, 25 and 30.25. (3.5, 4, 4.5 and 5.5 squared) This Apple Computer
chart is proof that the calculated values are more correct than the mechanical wheel’s numbers.

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