What does Gann mean by 9 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 painting, you can follow the following steps: 1) When the market rises from a low level and there are high bottoms and high points for three consecutive days, the lines on the chart should be moved to the high points 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 low level 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 will rebound.

The law of the "nine-point moving average fluctuation chart" is: in a falling market, if the market rebounds below 9 points, it means that the rebound is weak. If it exceeds 9 points, it means that the market may turn. If it exceeds 10, the market may rebound by 20 points. If it exceeds 20 points, the market may rebound further to 30 to 3 1 point, and the market rarely rebounds beyond 30 points. For a rising market, the rules are the same. When making a chart, if the market rises by more than 9 points, then the chart can rise. The chart moves up with the daily high point until the market falls to 9 points, and then moves down to the daily low point.

The "three-day chart" and "nine-o'clock chart" are very similar to the "point chart" we use now, and they are drawn in the way of following the market trend. However, Gann's chart has several characteristics to be noted: 1) Gann's "three-day chart" determines the market trend with time, and the "nine-point chart" determines the market trend with the price fluctuation range, so analysts know the market trend like the back of their hands. 2) Compared with the number of points, the turning point of the point chart is defined by the analyst, and whether it is successful or not depends on the analyst's understanding of the market.