Investment & Economics Wiki

Gann #05 for 2026–7 — PSE Market and Portfolio Update, 9 April 2026

5 min read

Gann #05 for 2026–7 — PSE Market and Portfolio Update, 9 April 2026

TL;DR

Phil Anderson walks through multiple time-count projections converging on late April 2026 as a critical inflection point: 120 weeks from the October 2023 low (mid-February peak), and 30 months from that same low (late April). He adds Victory Metals (VTM) to the AUS watchlist, Antero Resources (AR) to the US watchlist (Mexican Pete pattern), and Applovin (APP) and Palantir (PLTR) to the Short watchlist. He also highlights the “largest ever” late-cycle signal: a proposed $33B natural gas power plant in Ohio for a massive data center campus — the kind of mega-project that characterises the peak of the cycle.

Key Points

  • Time counts converging on late April 2026: The October 2023 low at ~90 days after the July 2023 Dow peak has been the anchor for multiple counts. 120 weeks from that low = mid-February 2026 (the Dow peak). 30 months from that low = late April 2026. This aligns with the 2026 roadmap’s projection of a late-April peak. The first week of May is also the seasonal midpoint between equinox and solstice — a triple convergence. [Source: Phil Anderson, PSE Gann #05, 2026-04-09]
  • “Largest ever” as a cycle peak signal: The proposed $33B natural gas power plant in Ohio (to power what could be the largest data center campus in history) is a classic late-cycle “largest ever” signal. Phil connects this to the pattern of record-breaking projects that cluster near real estate cycle peaks. [Source: Phil Anderson, PSE Gann #05, 2026-04-09]
  • Short watchlist additions — flipped Mexican Pete: APP and PLTR added to the Short watchlist. Phil notes these charts “look like Mexican Pete’s flipped upside down” — the same ascending triangle pattern but inverted, signaling breakdown potential. [Source: Phil Anderson, PSE Gann #05, 2026-04-09]
  • RH short trigger — but too risky to trade: Restoration Hardware gapped below the level of interest on earnings. Phil holds off because the distance to the stop presents too much risk and he avoids trading large moves on news. Discipline over opportunity. [Source: Phil Anderson, PSE Gann #05, 2026-04-09]

Watchlist Changes

  • ADD: VTM (Victory Metals) — AUS Watchlist — Gold mining stock; interesting if gold consolidation resolves upside. [Source: PSE, Gann #05, 2026-04-09]
  • ADD: AR (Antero Resources) — US Watchlist — Large natural gas producer; Mexican Pete pattern since 2022 peak, higher lows, resistance test at $45. [Source: PSE, Gann #05, 2026-04-09]
  • ADD: APP (Applovin) — Short Watchlist — Watch for move below $355; pullback from AI threat to software business. [Source: PSE, Gann #05, 2026-04-09]
  • ADD: PLTR (Palantir) — Short Watchlist — Same AI-threat setup as APP. [Source: PSE, Gann #05, 2026-04-09]
  • TRIGGERED but SKIP: RH (Restoration Hardware) — Short — Gap below level on earnings; distance to stop too risky. [Source: PSE, Gann #05, 2026-04-09]

Notable Quotes

  • “About 120 weeks after the October low puts us around mid-February this year, which is when the Dow hit its peak. That also aligns with the peak suggested by the 20/60 curve in our 2026 roadmap.” [Source: Phil Anderson, PSE Gann #05, 2026-04-09]
  • “Another date off the October low is coming up, which is now, 30 months from the October 2023 low. That also aligns with the end of a rally suggested by several of our 2026 roadmaps into late April.” [Source: Phil Anderson, PSE Gann #05, 2026-04-09]
  • “Remember too that the end of the cycle tends to bring us the ‘largest ever’.” [Source: Phil Anderson, PSE Gann #05, 2026-04-09]
  • “You’ll note that our Short watchlist charts look like Mexican Pete’s flipped upside down.” [Source: Phil Anderson, PSE Gann #05, 2026-04-09]

Concepts Referenced

Emma’s Analysis

This email is a critical time-count convergence alert. Three independent timing methods — degree counts from the October 2023 low (120 weeks, 30 months), the 2026 roadmap 20/60 curve, and the seasonal midpoint between equinox and solstice — all point to late April 2026 as a major turning point. This is the kind of multi-method convergence that Phil has historically flagged as high-confidence. The “largest ever” data center signal in Ohio is a textbook late-cycle marker — these mega-projects cluster near the peak of the 18.6-year cycle when capital is abundant and optimism is peak. The addition of AR (natural gas) and VTM (gold mining) to the watchlist shows Phil positioning for the commodity breakout phase that typically accelerates into the cycle peak — consistent with the commodity-supercycle and winners-curse-phase concepts. The Short watchlist additions (APP, PLTR) with their “flipped Mexican Pete” pattern are particularly notable — they signal that Phil sees broadening weakness in tech/software, consistent with the K-shaped economy thesis where AI-disrupted sectors break down while commodities and energy break out. The RH skip is a reminder of trading discipline: not every signal is tradable when the risk/reward is poor after a news gap.

Graph View