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W.D. Gann mastered price trends (angles/slope) and time in relation to predicting future price trends and peaks/troughs. Over the years, my team and I have done some research related to W.D. Gann’s theories and have come to a simple understanding of some of these concepts. In this article, we will review his primary theory that past price trends may help to predict future price peaks using angles/slopes and time factors.
Monthly SPY Chart Showing Key Price Trendline
After the bottom in 2009 at the peak of the Credit Crisis, a new upward price trend set up a very clear price slope by tracking the lows from 2009 through 2010. We’ve drawn a CYAN colored line across those lows on the Monthly SPY chart (below). As we follow this trend through the 2011 to 2020 price activity, you can see this trendline was breached in late 2011 – where this upward sloping trendline became a resistance level going forward. In 2015, price briefly touched this CYAN tr