A Gann Study of A Bull Move In Wheat by Richard Diaz
ARTICLE SYNOPSIS ...A Gann Study of A Bull Move In Wheat by Richard Diaz
Gann's methods have been studied for years and applied by many to trading stocks and commodities. Here, Richard Diaz of Refco, Inc., provides us with his Gann analysis of a bull market in wheat.
Wheat futures rallied recently more than $1.88 to trade at the highest level since 1980. The move
carried from the July 8, 1991, low made at 272-1/2 in the December 1991 contract to the high made at
463- 1/4 on February 10,1992, in the March 1992 contract. Several Gann factors were exceptionally
helpful in calling the top price as well as its timi...