Reference & Methodology:
Larry Williams (January 28, 2024) - Market Forecast 2024. (video)
Larry Williams (January 28, 2024) - Market Forecast 2024. (video)
See also:
The concept of W.D. Gann's Mass Pressure Chart for stock indices HERE Mass Pressure Charts vs US-stocks during previous years HERE |
Mass Pressure Chart for US-stocks | 1st Quarter 2019 |
W.D. Gann's Mass Pressure Chart for 2018 vs S&P 500 Index | Review |
Since early February the S&P 500 Index has closely been following the Gann Mass Pressure Chart, and suggests that August 7 (Tue) marked a major high and Aug 15 (Wed) an intermediate low. The rally should now pause for about two days into August 21 (Tue) before continuing into August 25 (Sat). Next would be a swing down into the last trading day of August. From there the Mass Pressure Chart moves sideways-to-down to another major low end of October. From there the Mass Pressure Chart rises into the last trading day of 2018. More on the concept of Gann's Mass Pressure Chart HERE |
Feb 15 - May 10 (Source: Nautilus Research) |
First Quarter 2017 | Presidential Cycle + Seasonal Pattern + Decennial Cycle of the DJIA (HERE) |
Seasonal
Cycle (1900-2016) Jan 01 - Dec 31 =
+6.99%
1st
Year of the Presidential Cycle (2017) Jan 01 - Dec 31 = +5.48%
7th
Year of the Decennial Cycle (2017) Jan 01 - Dec 31 = +4.82%
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"The Sun's position by itself in relation to the stock
market can show you trends that are more
or less active for each year, as the Sun degrees
are generally fixed. They fall on about the
same date every year. So this is why some periods
of the year would be more of a pattern."
Jack
Gillen (1979): The Key to Speculation on the New York Stock Exchange.
|
September is the only month to show more losing months than winning months over the past 66 years. It also sports the largest average loss (-0.68%). October actually has a decent track record (up 41 times - or 62% of the time - down 25 times, with an average gain of +0.80%). However, this record is tainted somewhat as many investors - not entirely incorrectly - have come to refer to October as "Crash Month". To wit, 1929, 1930, 1932, 1933, 1937, 1941, 1978, 1979, 1987, 1997 and 2008 all witnessed sharp declines in the stock market during the month of October. Calculation: www.moneychimp.com |