Morning Brief: Wednesday Waning Crescent in Virgo Map Tests $83,765 BTC, $90.14 WTI, SPCX, and STRC Yield into EIA Cushing Crude Oil Stocks Change

Gann supplies a concrete warning about swing counts in Chapter XXI. He describes Studebaker traversing its trading area more than twenty times when five-point moves are counted, while the big swings number only five or six. The price history has not changed. The definition of a counted movement has. Test that dependence before treating a pivot count as a stable rhythm. An editorial close-only rule starts in an upward leg, tracks its highest close, and confirms a downward reversal only after a decline of at least the fixed threshold. It then tracks the lowest close until an equal-sized rebound confirms the next reversal. Record confirmation time separately from the earlier extreme. For synthetic closes 100, 106, 102, 108, 101, 109, a four-point threshold confirms four changes of direction. A six-point threshold confirms only two. Neither setting discovers the uniquely correct history. One retains smaller interruptions; the other filters them out. Compare nearby settings on the same bars and list the pivots that disappear or arrive later. A timing argument that collapses under a modest ruler change deserves a weaker claim than one whose chronology remains similar.

Try it

Starting in an upward leg at 100, apply the stated close-only rule to 100,106,102,108,101,109. Equality counts as meeting the threshold. Give the confirmation-bar numbers for thresholds 4 and 6, numbering the first close as bar 1.

Limits

The algorithm and synthetic path are editorial. Gann supplies the historical count comparison, not this exact close-only implementation. His distribution inference is not established by a swing count. Unfinished extremes are not confirmed pivots.

Source

W.D. Gann, Truth of the Stock Tape, Book III, Chapter XXI, Number of Times a Stock Fluctuates over the Same Range, printed p. 114. Primary author text, 1923. Internet Archive scan and OCR, first work in a volume that also contains Wall Street Stock Selector. Modern worksheets are editorial examples, not Gann trades.

Today

The last 60 completed SPY sessions through 2026-10-06 produced 10 confirmations at B=8.12 points versus 8 at 1.25B=10.15; the smaller ruler adds 2 confirmed reversals (2026-09-17, 2026-09-29, 2026-10-05 at B; 2026-09-21, 2026-09-30, 2026-10-05 at 1.25B). SPY daily closes, Latest session 2026-10-06T20:00:00Z: count_B - count_1.25B = 2 reversals (inputs: completed_sessions_scanned=60, count_1_25B=8, count_B=10, mean_range_B_points=8.116995, range_sessions_for_B=20, threshold_1_25B_points=10.146244, threshold_B_points=8.116995). Data source 1

The Moon keeps nearly the same face toward Earth, but our viewing direction changes over the month. NASA's phase and libration visualization attributes the apparent wobble to the tilt and shape of the lunar orbit. The sub-Earth point records that change as longitude and latitude on the Moon's surface. This point is the place on the Moon where Earth is directly overhead, and the apparent center of the lunar disk. It is different from the subsolar point, where the Sun is overhead. Moving the sub-Earth point changes which surface features appear near the visible edge; moving the subsolar point changes illumination. A crescent label therefore does not specify the libration. NASA also reports the position angle of the lunar axis. That describes the disk's apparent roll relative to celestial north, not the same quantity as sub-Earth longitude. In a hypothetical table, sub-Earth longitude changes from minus three to plus four degrees. The signed change is seven degrees even if both rows have the same illuminated fraction. Save the coordinate names rather than calling all three columns Moon angle.

Try it

For hypothetical sub-Earth longitudes -3 and +4 degrees, compute the signed change. Which point, sub-Earth or subsolar, is the apparent disk center?

Limits

The sample coordinates are fictional. This lesson concerns viewing geometry, not a lunar return model or a demonstrated financial influence.

Source

NASA, Moon phase and libration, 2026, Introductory libration paragraphs and supplementary graphics, sub-Earth and subsolar point definitions. Primary institutional astronomy reference. Worked examples are explicitly hypothetical, not observed market effects.

Today

A BTC-USD minute close at $83,686.69 was synchronized with JPL Horizons for the same UTC minute; the Moon sub-observer latitude was 0.719° while sub-observer longitude was 4.409°. BTC-USD minute close with geocentric Moon sub-observer latitude, As of 2026-10-07T11:03:00Z: libration_latitude_deg = sub_observer_latitude_deg = 0.718972 degrees (inputs: candle_seconds=60, price_usd=83686.69, sub_observer_latitude_deg=0.718972, sub_observer_longitude_deg=4.409138). Data source 1 Data source 2