The Gann theory is one of the important technical schools in the stock market. Let me tell you about it and explain the Gann digital table in detail.

There is this passage in Gann's Quotes: Time is the most important factor in determining market trends. After detailed study of the general trend and the historical records of individual stocks, you will be able to prove to yourself that history repeats itself. , and by understanding the past you can predict the future, history repeats itself, and using charts and their laws, we will be able to determine how history happens.

Here I will first introduce you to the Gann digital table. Gann's digital table is a square in which Gann arranges numbers in a vertical direction. It is mainly used to predict the support and resistance levels of prices. There are many types, including the nine-square square with the numbers 6, 9, 12, 19, 20, 27, 36, 52, 90, etc. as the base number. How to draw the 994 square number table: from the lower left corner of the square, fill in 1-9 from bottom to top, continue to fill in 10-18 from the bottom of the second column, and so on until you fill in 81. As shown below:

In Gann's theory, each stock has its own unique volatility. Under specific market conditions, the volatility will oscillate and the market will reverse. . In line with the Gann spiral square, important support and resistance occur at three locations: one is the midpoint of the square; the other is the center line of the square; and the third is the diagonal line of the square.

The magic number "7"

"7" is a relatively magical number in Gann's theory. In Gann's eyes, God created the world in 7 days, so "7" is a complete Numbers; in the Bible, the greatest enemy of mankind, the fear of death, can also be overcome. Jesus stood up on the 3rd day after his death and was resurrected on the 7th day, which means that 7 days is a cycle. Of course, "7 weeks", "7 months", and "7 years" may all be the internal cycle of a certain stock.

Gann's important position 50% callback method

In Gann's theory, 50% is a very important position. Whether the price rises or falls, there will be a correction when it reaches 50% of the price. If there is no correction, there will be a correction at 63% of the price.

The prices of 50%, 63% and 100% are the most important because they correspond to the geometric angles of 45 degrees, 63 degrees and 90 degrees. To calculate 50% simply divide the difference between the highest and lowest price by 2, add the lowest price or subtract from the highest price.

We should leave room for ourselves when making predictions. There are many uncontrollable factors in the market.