I am glad to feature a study on recent movements of DOW and DAX by a Gann perspective that has been sent me by an excellent analyst (Aaron) that is specialized in Gann trading. The charts are self explanatory.
Many thanks again for this interesting and valuable input.
From Investopedia “Gann angles are a popular analysis and trading tool that are used to measure key elements, such as pattern, price and time. The often-debated topic of discussion among technical analysts is that the past, the present and the future all exist at the same time on a Gann angle. When analyzing or trading the course of a particular market, the analyst or trader tries to get an idea of where the market has been, where it is in relation to that former bottom or top, and how to use the information to forecast future price action.”