**NOTE the action is on a THURSDAY -- after FOMC (WED Jan 28th, 2026) -- the Thursday Jan 29th Day Low of 6870.80 = 1.272% from 2TD back -- meaning TUES Jan 27th Day Low of 6958.83 x 1.272% =88.516 88.52 +/- 6958.83
= 7047.3463 | 6870.3137* THURS Jan 29th, 2026 Day Low = 6870.80 -- a SPREAD of 122.04 [day high - day low]* biggest one for month of Jan 2026.
FRI Jan 30th Day Low = 6893.48 -- basically ALSO 2TD back - meaning WED Jan 28th Day Low = 6963.46 /100 OR 100% = 69.6346 - 6963.46
= 6893.8254 ALSO THURS Jan 22nd Day Low area of 6893.62
use the " 7.8125 FACTOR" and/or .272% - 1.854% to get your targets. simple as that once you get the drift on how UNCOMPLICATED this is.
To most of the technical analysts and financial traders, the name, William Delbert Gann, is well-known. Gann was one of the greatest traders in the early twenty centuries, who has extremely arcane...
S P X -- redid my "7.8125 factor" sheet starting from MON APRIL 9th, 2025 "bottom" of 4835.04
*NOTE - today's DAY HIGH of 7369.22 -- goes back 2TD meaning MON May 4th Day High of 7244.54 + 62.6 + 62.5 =7,369.54 / 7369.22 etc etc
ALSO when TODAY's Open/day low SQUARED (√) +/- .4375 => 7369 = 7219** THURS Apr 30, 2024 "TOP"
so many damn different methods...but they all work for me.