Gann Master Cycle - Dec 9 2022
Will seasonal trend continue in the $DJIA, $SPX and $COMPX ?
Will seasonal trend continue in the US Indices? Last week I published below and today updated seasonal trend in the DJIA. This seasonal pattern shows the composite of end-of-year-quarter pattern of all years since 1885!
I have added the 20- and 60-year cycle until the end of the year. This may call for a more sideways movement until the end of the year. We may even head a little bit lower on planetary aspects unfolding around mid-December 2022.
The bottom of this pattern may form around the CPI release (13/12), the FED Interest rate hike announcement (14/12) and the third week expiration on December 16th 2022. There is no guarantee it will.
So, take care. No advice that the current rally will continue to follow the seasonal pattern. There may be dips on the way or the rally may end sooner than expected. Anomalies can occur, cycles can contract, extend and invert. So, always watch the chart in front of you.
There is a probable reason that the end of the year may end higher due to a planetary pattern developing in the US Indices that my premium subscribers have been alerted too Please find the updates in below post.
The charts in below post will also show a glimpse into January 2023 forecast.
For a limited amount you can join our community and become a premium subscriber. All premium members can order my annual publication for a nearly 30% discount in the next few weeks. The Fiorente Stock Market Outlook 2023 will be published just before Christmas.