End of Year Rally - Nov 11, 2023
#156 - A Gann Master Cycle forecast following the DJIA, SPX, Nasdaq Composite & update on Gold
Introduction
Last week, I mentioned: “There are a lot of hard planetary aspects in November, like the upcoming Mars Uranus opposition, so expect much volatility ahead of us. Early that week, I wrote a seasonal quote from W.D. Gann regarding November 8th on X (formerly known as Twitter). It is a minor seasonal date to watch for a change in trend.”
We have arrived on this aspect and when examining the Mars Uranus Opposition aspects, which are also referred to as the panic cycle, it typically does not result in an immediate shift in trend. There are instances where the opposition leads to a change in trend, but sometimes it takes a while before the downtrend takes hold. This is because there may be other factors contributing to the stock or index rising. It's usually a combination of planetary cycles that can determine a change in market trend.
After analyzing the planetary aspects of the DJIA from its inception, I have identified several aspects that have a significant impact on forming a crest (aspects that have formed a top more often) or trough (aspects that have formed a bottom more often). In the chart below, I have plotted these aspects on the DJIA along with the normal annual or seasonal cycle for better understanding.
In this week's edition of the Fiorente2’s Newsletter, I have included some exciting new features for our premium subscribers. I have added a chart that uses planetary aspects to forecast ahead, with accompanying statistics. Additionally, I have provided an update on the Gold forecast, based on the 8-year cycle in Gold. We'll also be discussing whether there will be an end-of-year rally in the stock market. Stay informed with Fiorente2’s Newsletter!
This analysis is intended for general informational & educational purposes only. Hypothetical or simulated performance based on past cycles has many limitations. Cycles can contract, extend, and invert. Anomalies can occur. Hence, past performance is no guarantee for the future. No advice. Please take a look at our full disclaimer.