Nasdaq 100 Tracks Gann Roadmap: 23,840 Emerges as Critical Price-Time Pivot

The reversal from the 8/1 low at 22,775 kicked off a new swing that is tracking cleanly with classic Gann timing. From that anchor, the 8,10 calendar-day window (≈ one Gann week and a 45° time rotation) lands 8/9,8/11; that’s our first minor turn zone and it fits today’s stall beneath Daily Sell-1 (23,688). The 18-day window (Gann “square” of two weeks plus) projects 8/18,8/22; strength into that zone often transitions to a pause/flag rather than an outright top if trend is young. Next, the 30-day window projects 8/31,9/3, followed by 45-day 9/15,9/17, 60-day 9/29,10/2, and 90-day 10/29,10/31. Treat these as time magnets: if price is pressing resistance into a window, expect a reaction; if it’s washing out into a window, expect a pivot.Square-of-9 price rotations from 22,775 line up beautifully with the VC PMI map. A 180° price rotation up from the 22,775 base projects ≈23,830,23,860, which essentially is Daily Sell-2 (23,840)—a confluence resistance. Above there, the next Square-of-9 steps are ≈24,120 (225°) and ≈24,360,24,380 (240,252°). If the market can convert 23,688,23,840 from cap to floor on a daily close, those higher squares become viable targets into the 18- and 30-day time windows. On the downside, the Square-of-9 “back steps” align with the Daily VC PMI (23,491) and Buy-1 (23,326). Losing 23,491 during a time window would warn the swing is rotating down to re-test 23,326/23,156 without breaking the broader pattern.

For the 360-day cycle, /NQ’s composite annual rhythm suggests a primary inflection late September into early October (it overlaps the 60-day and 72-day sub-cycles from the 8/1 anchor). If we’re rising into 9/29,10/2, the higher-probability read is a cycle crest rather than a fresh impulse start; if we’re correcting into that same window, it can serve as a cycle low and launch pad into Q4. Either way, that late-Sep/early-Oct cluster is the big calendar to circle.

Tactically: as long as price holds above 23,562 (Weekly Sell-1, now support), the path of least resistance remains 23,840 → 24,120. Watch how price behaves into the 8/9,8/11 and 8/18,8/22 windows: consolidation above 23,688 favors a measured push to 23,840 (Square-of-9 180°); rejection there—especially with a daily close back under 23,491—sets a tidy mean-reversion back toward 23,326/23,156 before the 18- or 30-day time marks.

Bottom line: price is bullish, time is approaching a minor turn, and price/time confluence sits at 23,840. Respect that level, use 23,562/23,491 as your risk rails, and let the time windows do the filtering on breakout vs. fade.

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TRADING DERIVATIVES, FINANCIAL INSTRUMENTS AND PRECIOUS METALS INVOLVES SIGNIFICANT RISK OF LOSS AND IS NOT SUITABLE FOR EVERYONE. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

 

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