Gann Global Financial

There is no question in my mind we are in a “live” area in the markets.  And, someone is very wrong!  If you watched the recent webinar presentation, you know our forecast and price pattern analysis declare the probabilities the stock market and energy markets have turning point corrective lows in place.

It is our belief these markets must hold the recent lows.  The implication is we are being given the opportunity to cut our losses and let our profits run.

In the case of the heating oil (crude oil), I show the median historic (average) projected move to the upside.  On the basis of this projection, the risk/reward on long positions would be approximately 10 to 1.

Knowing history intimately enables us to know what targets we are trying to hit.  This enables us to remain patient with a winning position…something which is very difficult for most speculators and investors.

Also in this video, there are two markets which are very intriguing at this time and could be setting up for major short positions.

1. 10-year notes
2. Sugar

In the interest rates, I need to show you what took place 60-years ago…the last time interest rates were at such low levels.

In the sugar, the “crash” off the final bull market highs in February has given way to a sizeable rally.  Based upon the 6 similar bear market rallies in history after comparable crashes, all of the rallies were complete by July 21st.

The question to be answered is whether a price pattern will develop in the October contract which will allow us to enter short positions, with put options a definite possibility.