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Summary
Nasdaq Futures are trading at 23,778.25, up +64.50 (+0.27%), after a powerful advance from last Monday’s cycle low at 22,821.75.
The rally from 22,821.75 is now in its 5th trading day, which Gann considered a “square” within shorter cycles — a point where energy often shifts.
We are entering a triple confluence — short-term Gann cycles, Square of 9 harmonics, and the distribution phase of the 360-day annual cycle — all pointing to heightened reversal risk this week
The Current Structure
Nasdaq Futures are trading at 23,778.25, up +64.50 (+0.27%), after a powerful advance from last Monday’s cycle low at 22,821.75. That low was not random — it aligned with a Square of 9 support harmonic, a Gann 4-day time cycle trough, and an intermediate support zone on the 360-day cycle.
From there, price accelerated through the Weekly VC PMI (23,435) and has been consolidating above the Daily VC PMI (23,616), putting the market into the upper harmonic quadrant of the Square of 9 spiral — an area historically associated with exhaustion before a reaction.
Gann Time Cycles – The Shorter Rhythm
- The rally from 22,821.75 is now in its 5th trading day, which Gann considered a “square” within shorter cycles — a point where energy often shifts.
- The minor cycle turning point is due Aug 12–14, a window that historically catches secondary highs before the dominant cycle asserts itself.
- The next 8-day cycle completion projects into Aug 15–18, which aligns with the likely culmination of the current bullish swing before a more notable pullback.
Square of 9 – Harmonic Price Mapping
From the last low:
- 23,926 – First harmonic resistance (aligns with Daily Sell 2).
- 24,047 – Next (LON:NXT) harmonic and Weekly Sell 1 pivot.
- 24,164 – Upper harmonic target if the market breaks out before cycle crest.
Supports on the Square of 9:
- 23,616 – Daily VC PMI.
- 23,435 – Weekly VC PMI.
- 23,101 – Weekly Buy 1, deep retracement support.
The key takeaway: the Aug 12–14 time cluster directly overlaps with the 23,926–24,047 price arc, creating a time-price square where Gann would expect strong probability of a reversal.
360-Day Cycle – The Master Trend Clock
The 360-day cycle functions as the “annual heartbeat” of the market, marking major accumulation and distribution phases.
- The last 360-day cycle low occurred in late September 2024, making late September 2025 the projected next major cycle low.
- This means we are within the final rising phase of the current annual cycle, where rallies tend to lose momentum and peaks often occur 4–8 weeks before the annual low.
- Historically, the August–early September period produces lower highs or distribution tops before the September–October decline into the cycle trough.
What’s critical now is that short-term Gann and Square of 9 signals are lining up exactly in the distribution phase of the 360-day cycle, increasing the odds that this week’s highs are part of a topping process — not the start of a fresh leg higher.
Time-Price Confluence
- Short-Term: Aug 12–14 – Minor cycle turning window, testing 23,926–24,047 resistance.
- Intermediate-Term: Aug 15–18 – Likely intermediate cycle crest.
- Long-Term: Late September 2025 – Major 360-day cycle low.
Strategic Posture
Bullish Path:
Stay long above 23,616 targeting 23,926–24,047 into the Aug 12–14 window, with a possible overshoot to 24,164 if momentum is strong.
Bearish Trigger:
Failure at 23,926–24,047 in the Aug 12–14 time window would confirm a short-term top and likely lead to a retracement toward 23,616 → 23,435 → 23,101 as the market transitions into the declining leg of the 360-day cycle.
Bottom Line
We are entering a triple confluence — short-term Gann cycles, Square of 9 harmonics, and the distribution phase of the 360-day annual cycle — all pointing to heightened reversal risk this week. If the market fails to push decisively above 24,047 by Aug 14, the path of least resistance shifts toward downside into September’s 360-day cycle low.
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