The Art of Forecasting Wheat Prices Using Harmonic Cycles | L.H. Weston

Numerous attempts have been made during the past century to find a fairly reliable method for determining, long in advance, the probable price of wheat and grain in general [...] We have a wheat record that runs back, upon unimpeachable authority, for several hundred years, the one given in this booklet beginning in the year 1270 and running up to present time, with years as the unit of time, and it would indeed be strange if, with such a record, we could not pick out the useful cycles in it, providing any such cycles really do exist [...] That there are recurring cycles of movement in nearly all, if not, indeed, absolutely all natural phenomena, there is now no longer any reasonable doubt. No scholar of the day, no scientist, no investigator of these times, would for a moment argue against this well established fact.

 

[...] In the following pages I give the recorded mean price of wheat for each year in England from the year 1270 to 1909, in both a table and a diagram. Also, in a diagram, the monthly mean price of wheat at Chicago and Cincinnati from 1844 to present date. Special charts are also given to illustrate the explanations regarding the method of forecasting by means of cycles. By means of these tables and charts I show in this work how a forecast of the wheat market can be made up for over 40 years. In fact, I chart the forecast in advance over 10 years, for the benefit of readers and students. It is done just as proposed above, namely, by first proving that the harmonic cycles really do exist in the records, and then carrying them on into future years. The calendar year is used as the unit of time (or the calendar month) and therefore the forecasting, as taught, is necessarily of the long swing movement. 

 

 

 

[...] On page 27 is given the table of composite and harmonic values in the 49-year cycle. That composite is, as before stated, the result of eleven cycles added together, while the harmonic values are merely the smoothed curve of this same composite, and both are charted together on page 26. 

 

[...] This result is given in the Composite Chart of the 49-year cycle and it is the one used as the basis of all forecasting. If we examine the composite chart with some attention we will find that there are just about eight places where tops come out and likewise there are eight bottoms. Eight into 49 goes 6.125 times, so it seems very much as though the famous 7-year cycle of the ancient Jews was in reality about six and one-eighth years instead of 7. It is the eighth harmonic that gives the best results in the 49-year cycle, instead of the seventh.

Quoted from:
L.H. Weston (1923) - The Art of Forecasting Wheat Prices by the Use of Harmonic Cycles.

 

See also:
Hans Hannula (1993) - Gann's Greatest Secret: L.H. Weston - Gann’s Professor.
L.H. Weston (1921 & 1923) - Being a Treatise on the Geometrical or Chart System of Forecasting in which is explained the principles of the art, and, in this lesson no. 1, giving demonstration with the price curve of potatoes in the U.S.  

L.H. Weston - Gann’s Professor | Hans Hannula

I've been told that Gann was very private about his office. He absolutely forbid anyone from entering it. He wanted to protect his secrets. But one document he kept in his safe. That document was a manuscript by Professor Weston of Washington, D. C. It was written in 1921 (part 1) and 1923 (part 2), four to six years before Gann published his Tunnel Thru the Air, Or Looking Back From 1940, Tunnel Thru the Air contains, in coded form, Gann’s explanation of how to use planetary cycles to trade stocks and commodities. 

 

He told his own family that it was all they ever needed to learn his market secrets. Many Gann students have labored very long and hard (yes, me, too) to decode Gann's writing. Gann loved to write in the abstract style of the Biblical mystics, whom he admired. Much of what is written in the Bible is information about planetary cycles. It is hidden in census counts, symbolic imagery, and heavily coded to escape notice of the casual reader. While one can dig out this material, it takes time, an ephemeris, and a lot of work. Gann had it much easier. What you are about to read is the paper Gann kept in his safe. 

 

Take your time and read it carefully. It’s one of the best papers ever written on the market. 

After you read it, I'll point out some interesting things about it.

 

HERE

 

[...] First, this is clearly the foundation of Gann’s use of the 10 year cycle, and its multiples. Second, this is historically a fairly early use of Fourier sequences, and far more mathematical than just using financial astrology. This is no surprise, since it is well known that Gann was a very good mathematician. It is also a source of many of his ideas that market movements follow geometric rules.

 

[...] It is also quite interesting that Weston actually proposed two different versions of the ten year pattern. The first is his computation, using 50 years of data, of a series composed of 20 , 28, 10, and 14 month components, to which he adds a Venus term. In this system he cites use of heliocentric positions. We'll call this first method "Weston’s Curve’.

A most interesting point made in this method is Weston’s discovery that the planetary cycles tend to slip to synchronize with the earth’s annual cycle. I discovered this in my own work, and was sure it was an original discovery. So much for that vanity!

The second method I call “Weston’s Snowflake.” In it he proposes a sequence of turning points in the Jupiter-Saturn cycle that divides it into 10 irregular parts. Interestingly, Weston claims that this is a geocentric system. We'll show in a moment that it was not. But this “false lead” may have been intended for those whom Weston feared would learn his secret. Gann obviously made good use of Weston’s methods.  

[... Weston used] the 0, 18, 54, 90, 126, and 180 degree points of the Jupiter-Saturn cycle as turns. One can quickly see the problem with using this geocentrically. Almost all of the points are triple points, as the earth moves around the sun, giving multiple views from which to measure the angle between Jupiter and Saturn. The problem becomes one of which points to use.

[...] It took only one look at using this rule heliocentrically to convince me that Weston used it that way. Obviously, W. D. Gann watched these outer configurations to be alert for the deviations they might cause in the Jupiter-Saturn cycle. You are advised to do the same.

Quoted from:
Hans Hannula (1993) - Gann's Greatest Secret.

See also:
L.H. Weston (1921 & 1923) - Being a Treatise on the Geometrical or Chart System of Forecasting in which is explained the principles of the art, and, in this lesson no. 1, giving demonstration with the price curve of potatoes in U.S. 

S&P 500 Index vs Astronomical Momentum Forecast Model | March 2018

This Astronomical Momentum Forecast Model (AMFM) was inspired by the work of L.H. Weston, W.D. Gann and Chris Carolan. More than 120 years of US-stock market and detrended momentum data derived from a Williams %R oscillator were used, assuming this would reflect the overall sentiment and mass mood during the period. One fundamental concept of mundane astrology considers sentiment and mass mood to be conditioned and modulated by a complex set of nested, overlapping and repeating astronomical cycles, most important solunar cycles. These cycles are ranging from several decades to days and even minutes (Callipic Cycle, Metonic Cycle, Mythraic Cycle, Solar Cycles, Lunar Cycles, Planetary Hours, Muhūrta, etc.). They can be calculated into the past and future and hence be put into practical use. Considering the general nature, pros and cons of market momentum indicators, the AMFM is able to project market sentiment several decades into the future (see also HERE). Of course work on this model is experimental, not perfect and in progress. However, the current model presented here indicated a momentum peak in October 2017, a negative divergence at the January 27 major high, and suggests a decline from there into a major low around mid-March, followed by a rally into early May, a retest of the March-low by mid-June, another rally into early October, and a decline into end of December.

Forecasting the NYSE with the Jupiter-Saturn Cycle | L.H. Weston

[...] Diagram A is designed to show the curve of influence produced on stock market prices by the varying angular distances of Jupiter from conjunction or opposition with Saturn. It will be seen that at 0 years and 0°, which is supposed to represent the time of geocentric conjunction and opposition of the planets, the dotted curve, which is our composite price of stock in the 10-year cycle, starts a little below the mean circle; then late in year 1 when distance is about 18° between the planets it goes to maximum height; then drops low in middle of year 3 at 54°; rises to late in year 5 or 90°; drops soon to a little late in the 7th year at 126°; rises slowly to past the 9th year or 162°; lastly, comes to a little below the mean again at 10 years, 180°, same as at beginning. Then at 180° another 10-year cycle starts and repeats this movement, and so on to eternity. It is thus seen, by the dotted curve in this diagram that Jupiter and Saturn cause maximum and minimum prices in the stock market when their geocentric angular distances between each other are about as follows:

 

Max.    Min.
18°    54°
90°    126°
          162°   180° and 0°

 

This dotted curve shows positively that the planetary influence is what we call harmonic, meaning a wave-like motion, fixed in angular position like the crystals of a snow flake (hydrogen at low temperature) with 2 minor axis that join at 72°, as illustrated by the central part of diagram A." [pp. 35-36]

See also HERE

General consensus within the astro-financial community traces the primary development of modern financial astrology to around the 1920s, when W.D. Gann mentioned a planet for the first time in a 1921 Forecasting Course and Professor J.H. Weston self published his breakthrough work 'Forecasting the New York Stock Market' (manuscript, no binding, 47 pages). Also in the early 1920s Sepharial produced most of his known 'Arcana' or 'Keys' to the markets, though he stated in his advertisements that these systems had been in development since 1898. However Professor Weston represents the earliest application of Fourier Sequences to market analysis, by breaking down component cycle waves and combining them to produce a composite model. 

J.H. Weston was a regular contributor to Frederick White's journal 'The Adept' (e.g. HERE) and also one of the first to propose a 'Decennial Cycle' theory, actually with two different versions of the ten year pattern. The first is his computation based on 50 years of data, of a series composed of 14, 20 and 28 months, called the Venus term and based upon the heliocentric system. The second is a sequence which divides the Jupiter-Saturn cycle into 10 irregular parts, but follows the geocentric system. Professor Weston was a great influence on W.D. Gann, implied by his manuscript being locked in Gann's safe, and he may have been the one who introduced Gann to Fourier cycle theory, providing Gann with the foundation for his 10 year cycle with its multiples.

Reference:
L.H. Weston (1921) - Being a Treatise on the Geometrical or Chart System of Forecasting in which is explained the principles of the art, and, in this lesson no. 1, giving demonstration with the price curve of potatoes in U.S. 

The Adept - The American Journal of Astrology (V20 N10 Oct 1920 - V21 N9 Sep 1921)