Re: Gann turn dates. 8 day cycle can be off +/- 2 days. 4 day cycle +/- 1 days, 16 day of +/- 4 days. Generally, they tend toward equality at some point. Last cycle top to top ran 17 days on the SPX and if that were true this time we could see a top on Friday instead of Thursday as well we could see the low expected Tuesday more toward Wednesday. The market looks vulnerable here to some selling into perhaps Wednesday from what I'm seeing right now and perhaps lower than anticipated earlier, maybe even to the 1411 area on the SPX. That would mean we have a hell rally out of this sell-off in a-b-c manner off the Aug 16 low with 'b' Wednesday (congrats You Mast!) and 'c' Friday (or the following Tuesday).
The Sept 10 low could be a day or two later easily as the 4.5 year cycle is due on Sept 12.
airedale88, who works on Hurst cycles posts that the recent low was the 4.5 yr cycle low. Is there a difference in the way Hurst and Gann determine their cycles? If so, who's work is most reliable?
