Remember, we do this in late October after identifying the low.Ī2. We first draw line A1 (red) from Low A to our first mathematical point.

First, the market makes 'Low A' (red) in late october 2018 and then pulls back. See expandable chart below and following explanation.Ī.

Then we created a parellel line to the lines we just drew and extended it from the previous high or low pivot to forecast the next top or bottom or support and resistance. In the daily chart of the SP 500 Index below, we used Jensen lines drawn from highs and lows through these infinite mathematical points, which are always fixed, objective, and predictable. These astral points equate to fixed mathematical points on market charts that exist before and outside of market data. In Jensen's chart on page 111, he uses a 90 week square with US Steel bacause coincidentally the points appear as the square sides. Jensen showed these points as the points of a square, but of course he is doing much more than he is showing you. Gann's astro-numerological key based in the Law of Vibration makes the geometry work by tuning it to the market and timeframe you are using.ĭecoded from both Jensen's work and Gann's section on Descartes in 'The Tunnel Thru The Air,' Jensen uses the physics principle of parellel lines drawn through infinite points, which we call astral points. The key to using it with incredible accuracy on virtually every market is what is not seen on Luther Jensen's charts. The problem is that no one has ever been able to publicly demonstrate Jensen's method on other markets or timeframes other than the 90 week schematic on US Steel that Jensen outlines. The surrounding chapters add detail to the technique. In Jensen's book, 'Astro Cycles in Speculative Markets,' Jensen briefly but succinctly outlines and illustrates an incredible market geometry on page 111. Gann were colleagues and even worked together. There is a pile of evidence to suggest Luther Jensen and W.

W d gann pdf