Special Report
I thought I’d share my views on the Cycles as they appear on the SPX chart. The actual Cycles are within a week or two of the depictions. You can see that all the Cycles are divisible by 4.3. I have only mapped out the Cycles since the year 2000. Prior to that, Cycles appears in approximate 17.2-year periods. 1932, 1948, 1965. 1982 and 2000 appear to be pivotal points along the way. Prior to that, from the peak in 1929 to the trough in 1932 was 34.4 months. I am seriously debating whether the new decline may last 2.58 years (31 months) to September 2024 or 34.4 months to December 2024. Considering the presidential election in 2024, I wonder whether the market decline may not run itself out until the latter date.