Dow Jones Forecast Based on Past Cycles

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W D Gann was a master at finding patterns in the past to guide the future.
Gann

W D Gann forecasters are following this chart:

Dow Past

Two patterns from the past with a correlation greater than 90% below. The more data in the pattern with a high correlation is more significant than short time frames, simply as they are rare.

shrink!INDU correlation

 

Investing Quote…

…”In the long run commodity prices are governed by one law – the economic law of demand and supply”..

Jesse Livermore

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John (Jack) Bogle