Heliocentric Earth Transit Lines

dow earth transitsJames Hyerczyk in his book Price, Pattern & Time suggests looking up the heliocentric longitude of Earth and plotting that position on a price chart.

The embedded diagram shows the results of this exercise. Using my heliocentric Ephemeris tables, I noted the longitude of Earth for several times between March 1, 2012 and March 1, 2013. Using the Gann Wheel of 24 I then converted these positions into price with my Wheel being set up at 20 point increments. I then plotted the resulting data onto a daily nearest futures chart for the DOW.

Your keen eye has likely already spotted how well these transit lines act as support and resistance.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s