Another way to use a Gann Fan is to pick an assumed mid-point of the current run and project into the future to guess an end point of the move.
Here I used the 90 day point as the mid-point in price and time. My expectation is that price will not continue up beyond 180 days. But price may make the final high prior to 180 and then test (and fail) at 180. This is just a guess. Price is up 56% on the Nasdaq 100 (NDX) and expecting a continuation much higher is a low percentage play.
I also have low expectations that price will move back to the 1×1 angle on this chart. But if it does then that will be a high probability level to get hell out of Dodge…
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