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2002 Reports
  Dec 20th 2002
  Dec 13th 2002
  Dec 6th 2002
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  Nov 22nd 2002
  Nov 15th 2002
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  Mar 8th 2002
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  Feb 15th 2002
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  Jan 25th 2002
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2001
Outlook for Selected Markets. DJIA - NASDAQ - S&P 500
The following forecasts are based upon a selection of primary tools and the application of a number of simple Gann rules regarding Time based analysis and forecasting. The 'Change of Trend' (COT) dates should not be taken to represent dates upon which a significant change of trend will occur. Suffice to say that according to rules applied, a change in trend should occur on the given date.
25th January 2002 - Outlook for DJIA - S&P 500 -NASDAQ
As we approach the March equinox, a series of interesting numbers are emerging.
180 weeks (1260 days) from the 8th Oct Significant low gives us the date : 21st March 2002.
180 (Sq144 *1.25) Days from the recent Sept 2001 low gives us the date : 20th March 2002.
180 Solar Degrees from the Sept 2001 Low Gives us the date : 18th March 2002
182 Days ( Gann Emblem ) from the Sept 2002 Low gives us the date : 22nd March 2002
521 Days (18 Oct 99 - 22 Mar 01) from 18th Oct 2000 Significant low gives : 23rd Mar 2002
439 Days (8 Mar 00 - 21 May 01) from 4th Jan 2001 significant high gives 19th Mar 2002
The March Equinox falls at 12.19 am on the 21st March 2002

Taking the above numbers into account and the fact that the last two equinoxes have proven useful, then we can make an assumption as to the upcoming Dates. As can be seen, there is a relatively wide variety in dates, however, that average for all the times falls around the 20th and 21st of March, so a change of trend can be expected on or around these days.


Summary for Week Ending 15th Feb 2002

The markets this week managed to stage a bit of a recovery with all three creeping forward for most of the week, however finishing off the highs on Thursday. The Friday sell-off was blamed on weaker than expected consumer confidence data. The DOW has been the better performed of the three, managing to form a Swing High on the Daily charts, whilst the others are yet to indicate any bullishness on the Swing Charts. The 144 day mark from the Sept lows mentioned last week produced nothing.

The Weekly Swing Charts for all three markets have now confirmed the swing low and we now await the formation of a lower swing High to confirm the downward trend. The Daily Swing Charts for the DOW is UP with the S&P and NASDAQ showing DOWN and yet to confirm Higher Highs and Higher Lows on the Daily Swing Charts.

The Chart this week for the DOW highlights the Trend Line from the May 2001 high through to the recent Jan 2002 high. The previous rally from the 14th Dec to 7th Jan ran for 684 points. Adding this to the recent 30 Jan low we get a price target of 10127. Also Highlighted on the chart is the 76.4% (Fib) retracement level indicating a price of Price 10133.
The S&P this week has the Square of 9 highlighted, showing the support at the 270deg level. Also this weeks rally managed 47 points, which is only 2 points less that the previous rally of 49 points. Should this weeks high be maintained, then lower lows could be expected. The Standard Retracement levels should also be monitored. Also with the NASDAQ, the retracement levels should be monitored.


DJIA See Chart

S&P 500 See Chart

NASDAQ See Chart



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