# Mirror Image Foldbacks

This feature is not a part of Gann's methods at least not as far as this author is aware. Michael Jenkins describes the method in his 2 excellent books The Geometry of Stock Market Profits and Chart Reading for Professional Traders as well as his Complete Stock Market Trading and Forecasting Course. He learned part of the technique from the late George Lindsay, a master technical analyst. All of Michael Jenkin's writings are available from Traders World and are highly recommended.

Briefly Mr. Jenkins and Mr. Lindsay discovered that markets often appear to reflect or mirror themselves. According to Jenkins this is most likely due to the ending of a natural cycle and the beginning of the next. For now the technique can be easily displayed using Ganntrader's Selected Angle mode. This origin point is marked in the usual way by moving the cursor to the desired point and hitting the <Enter> or <Insert> key. The default 1x1 angle was also turned off leaving only the labeling active. By hitting the <M> key on the keyboard a Mirror image of the dimension line will be displayed. This feature only works on the screen, not on the printed charts.

Here is another example of the daily chart of Dupont.

 58 ,/v f VV'wy,

I DATE = 04/28/2000, D^y = Friday, CURSOR PRICE = 52.1754 0PEN=48.11 HIGH=52.1699 L0IU=47.24 C 10SE=50.5499

60.625 57.5

53.75

31.25

27.5 23.75

I DATE = 04/28/2000, D^y = Friday, CURSOR PRICE = 52.1754 0PEN=48.11 HIGH=52.1699 L0IU=47.24 C 10SE=50.5499

The same technique also works on weekly charts. See The Weekly Wheat Chart below. Dec gang Wheat-C Weekly, Selected ang, Sc 1 Bot: 200 Top: 4951K1:2

08/19/88 04/14 12/08/89 08/01/90 01/29 11/22/91 07/17/92 03/12/91 I DOTE = 11/20/92, Day = Friday, CURSOR PRICE = 348.187 0PEN=316 HIGH=344.5 L0IU=315 CL0SE=341.5

The mirror image foldback also works on monthly charts. See the Gann Soybean Monthly below.

The mirror image foldback also works on monthly charts. See the Gann Soybean Monthly below.

It also works on quarterly charts. See Gann Soybean Quarterly below. Dec Gann Soybean Quarterly, Selected ang. Sc 0.25 Bot: 0.0 Top: 75.75111:025
-wo" Silur -Tj^jr 1 ' 1 1 1

03/31/52 09/30/60 03/31/69 09/30/77 03/31/86 01I/30/94 DAT! = 03/11/51, Day i Saturday, CURSOR PRICE = 48.9792 0PEN=11.8999 HIGH=19.62 1010=11,8299 CL0SE=16.8999