Summary
Phil highlights Gann analyst Steve Barrett’s remarkably accurate 2020 forecasts: predicted an intermediate top in January 2020, a mini-crash to Easter, then a rally to new all-time NASDAQ highs in 2020. Phil notes Steve is “the only person in the world” who publicly called the NASDAQ reaching new highs in 2020. Steve uses Gann’s “Tunnel Thru the Air” number-based approach.
Key Claims
- Steve Barrett’s January 25, 2020 newsletter predicted an intermediate top followed by a drop to Easter then rally to new highs. — confidence: high
- Steve Barrett is the only analyst who publicly predicted the NASDAQ returning to all-time highs in 2020. — confidence: medium
- Steve uses Gann’s “Tunnel Thru the Air” numbers and the 20/60-year repeat framework. — confidence: high
- April 11, 2020 Barrett forecast: “most explosive move to the upside in history” following the March low. — confidence: high