Square Root price tragets for the next S&P top

Bakinec · Aug 20, 2009

I recently came across the Square Root Theory while reading up stuff on Gann. They projected the S&P lows and highs for 2005 using the Square Root method which turned out to be pretty correct.

I calculated the projected low after the 2007 high which turned out to be right on the spot too.

Using the 666.5 low, and given that price got up to the level it did thus far, I calculated price projections of 1282 ...... ...... 1126, 1109, 1093, 1076, 1060, 1044, 1028, 1015 ...... ...... 949.

Take the price, calculate its square root, add increments of .25, and square.

Petsamo · Aug 21, 2009

So the S&P top was suppose to be 949?

Bakinec · Aug 21, 2009

Now that we're past it, it was a short-term turning point. These are the prices where a top could form.

infolode · Aug 21, 2009

Quote from Gubinec:

I recently came across the Square Root Theory while reading up stuff on Gann. They projected the S&P lows and highs for 2005 using the Square Root method which turned out to be pretty correct.

I calculated the projected low after the 2007 high which turned out to be right on the spot too.

Using the 666.5 low, and given that price got up to the level it did thus far, I calculated price projections of 1282 ...... ...... 1126, 1109, 1093, 1076, 1060, 1044, 1028, 1015 ...... ...... 949.

Take the price, calculate its square root, add increments of .25, and square.

Oh boy, you just found this Gann thingy.

Bakinec · Aug 21, 2009

Your post made me feel like real dumb rookie, infolode. Really

Lucrum · Aug 21, 2009

Quote from Gubinec:

I recently came across the Square Root Theory while reading up stuff on Gann. They projected the S&P lows and highs for 2005 using the Square Root method which turned out to be pretty correct.

I calculated the projected low after the 2007 high which turned out to be right on the spot too.

Using the 666.5 low, and given that price got up to the level it did thus far, I calculated price projections of 1282 ...... ...... 1126, 1109, 1093, 1076, 1060, 1044, 1028, 1015 ...... ...... 949.

Take the price, calculate its square root, add increments of .25, and square.

I prefer the methodology below.

It doesn't work worth a shit. But it sure does make me look...well you know..."intelwigent".

z^2\sum_{k=0}^{\infty} (k+r-1)(k+r)A_kz^{k+r-2}+zp(z)\sum_{k=0}^{\infty} (k+r)A_kz^{k+r-1}+q(z)\sum_{k=0}^{\infty} A_kz^{k+r}
=\sum_{k=0}^{\infty} (k+r-1)(k+r)A_kz^{k+r}+p(z)\sum_{k=0}^{\infty} (k+r)A_kz^{k+r}+q(z)\sum_{k=0}^{\infty} A_kz^{k+r}
=\sum_{k=0}^{\infty} (k+r-1)(k+r)A_kz^{k+r}+p(z)(k+r)A_kz^{k+r}+q(z)A_kz^{k+r}
=\sum_{k=0}^{\infty} ((k+r-1)(k+r)+p(z)(k+r)+q(z))A_kz^{k+r}
=(r(r-1)+p(z)r+q(z))A_0z^r+\sum_{k=1}^{\infty} ((k+r-1)(k+r)+p(z)(k+r)+q(z))A_kz^{k+r}

Bakinec · Aug 21, 2009

That's certainly an interesting method, Lucrum. I didn't try to come off as intelligent, just sharing what I find, really

infolode · Aug 21, 2009

Quote from Gubinec:

Your post made me feel like real dumb rookie, infolode. Really

Sorry, Every few months someone has a Gann discovery to share.

btw: The method works with some tweaking.
Michael s. Jenkins has expanded this technique.

Bakinec · Aug 21, 2009

Quote from infolode:

Sorry, Every few months someone has a Gann discovery to share.

btw: The method works with some tweaking.
Michael s. Jenkins has expanded this technique.

LOL. Thanks will look into it.

thinice · Aug 21, 2009

Hi,everyone:
It is not important,which number the bottom is.The most important thing is that you must buy at that site or not.
If you don`t confirm,well,there is little value .
Sorry,my English is poor,please excuse me.
I am from CHINA,I want to study English,my chinese is very excellant ^_^
I have intimate knowledge of trade,I am trading depending on technique all the time.
good luck ,everyone