W. D. Gann sometimes called it the Wheel within Wheel. The Gann wheel is an market analysis technique.

The Wheel is a circular numerical chart, which starts with 1 from the center and completes one cycle by filling up 24 divisions of the circle with 24 incremental numbers in an anticlockwise fashion.

With expanding the process up to 15 circles, the number goes up to 360. This chart is used to predict market support and resistance levels as well as market reversal days.

Within the circle forms the square, there is an inner circle and an inner square, as well as an outer square and an outer circle which prove the Fourth Dimension in working out price movements.” So far, we have covered the inner circle (The Earth’s Orbit around the Sun) and the inner square (Historic high & low coordinates on the square itself).

The outer circle includes all of the planets and is the Zodiac starting at the left side of the square also on March 21st. Moving from this point clockwise in 30 degree sections of the circle will place all 12 zodiac symbols around the wheel.

Gann said “ The dates when companies are incorporated and the dates when stocks are first traded in on the New York Stock Exchange or the other exchanges causes them to make tops and bottoms at slightly different dates then these dates for seasonal changes”.

Gann said “Through the law of vibration every stock and commodity in the market place moves in its own distinctive sphere of activities,as to intensity, volume and direction. All the essential qualities of its evolution are characterized in its own rate of vibration. Stocks and commodities, like atoms, are really centers of energies, therefore they are controlled mathematically. They create their own field of action and power, power to attract and repel, which explains why certain stocks and commodities at times lead the market and turn dead at other times. Thus, to speculate scientifically it is absolutely necessary to follow Natural Law. Vibration is fundamental; nothing is exempt from its law. It is universal, therefore applicable to every class of phenomena on the globe. Thus, I affirm every class of phenomena, whether in nature or in the market, must be subject to the universal laws of causation, harmony and vibration.”