Experiment

Following study of the numerology system encoded into Major Motors and very satisfying backtesting of the five primary data points of the 1929 crash and the January 26, 2018 high, I'll offer today as the secondary high in DJIA.  Of course, it is 3:06pm on August 22, 2018 and DJIA and the high for the day is 25,836.17.  DJIA, today, is 52 points short of making a high and, hence, needs to surpass 25,888.82 (yesterday's high) to become the high for the second wave relative to the January 26, 2018 high.

Again, not much back testing but I've had some success with the tests on Major Motors and 1929 data.

Jim Ross

Update, 3:32pm still before the close.  The numeric "confirmation" I am looking at is 3:53am on 8/22/2018....  the wee hours of this morning.  My interpretation is the previous day's trading was confirmed as the secondary high.  No high today and, if my interpretation of these freshly developed numeric rules is correct, a secondary high is in.  My level of confidence, maybe 30%.

Update, August 23.  Sleeping on it, it occurs to me (not that it hasn't before) that finding a pivot point is, itself, meaningless.  Even if the point is derived according to a previous great high and even if I've correctly identified the 'time' numerology algorithm, not having the price prediction makes trading the pivot with confidence impossible.  Or, at least, according to Mr. Gann's admonition of safety first.  Encoded in the acrostic/telestic words, at least according to my identification and interpretation, his system provides the price as well.  Time and price.  So, maybe this is an enduring 2nd wave top (Elliot Wave lingo) relative to the January 26, 2018 top (my preference), maybe its an intraday blip (I don't think so) with a future all-time-high or higher secondary high....but for certain, I don't have the right to declare it either without knowing the price objective of Monday's high.  Once again, level of confidence is substantial but well less than 50%.