How to understand Gann's Three Days at Nine o'clock?

The three-day chart means to record market fluctuations on the basis of three-day activities. These three days include Saturday and Sunday. The rule of the three-day chart is that when the lowest level breaks in three days, it means that the market will go down, and when the highest level breaks in three days, it means that the market will hit a new high.

In the painting method, you can follow the following steps:

1)

When the market rises from a low level and there is a high bottom and a high level for three consecutive days, the line on the chart should be moved to the high point on the third day. If the market hits a new high on the third day after two days of decline, the line on the chart should move vertically upward to the high point of the day.

2)

When the market hits a new low for three consecutive days, the line on the chart can be moved down to the low level on the third day. If the market continues to fall, the line on the chart can move vertically down to the low point of the day.

3)

If the market hits a new high for three consecutive days, the "three-day chart" table can pick up.

In addition to the "three-day chart", Gann also suggested using the "nine-point average fluctuation chart" to analyze the market situation.