Gann got it right again.
As I’ve been reminding my students and our members here at FinancialCyclesWeekly.com, W. D. Gann identified the equinox as a particularly sensitive time for the markets.
We talked about it at length during our March 1 webinar for our Gold-Plus Elite members – they’re the group of astro-traders who get regular guidance about current trading strategies.
We meet for regular forecast webinars, and share a weekly conference call to discuss the specific stock picks and market timing for optimum trading results.
Staying Tuned In To Gann
I’ve been making sure that this group has been tuned in to the important Gann date.
We also ran a cover story in the FinancialCyclesWeekly newsletter on March 12. It focuses specifically on W. D. Gann and the importance of the upcoming equinox.
“Keep your powder dry!” we advised our readers.
“Our back-testing of the past 34 years of market history shows this equinox typically triggering a short-term pull-back or consolidation in the S&P, followed by an aggressive rally,” we noted. “This year, however, we may see a sharper decline in stock prices just after the equinox.”
The Equinox Results
The equinox was yesterday, on March 20.
And, just as we expected, the selling pressure in the market started then – right on schedule.
The sell-off accelerated today, just in case there was any question about the validity of Gann’s approach.
How much did it sell off?
The Dow Jones Industrial Average plunged 237.85 points, off 1.14% for the day.
The Standard & Poor’s 500 Index lost 29.45, for a decline today of 1.24%.
It was clearly a big enough drop to command attention. It also called the Trump Rally into question.
And with a Kronos station coming up later this week, there may be even more selling ahead.
Once again, we’re all reminded of just how important Gann and his innovative insights are for us in our astro-trading today!