Gann Master Cycle - Mar 03 2023
Gann Master Cycle updates for the $DJIA, $SPX and $COMPX
Introduction
February has been an excellent month for the Gann Master Cycle forecasts for the DJIA and the SPX.
The chart below shows that the forecast for the SPX was very close a month ahead.
Every 60 years, themes in society seem to repeat. Compare the Russia-Cuba missile crisis of 1962 with today’s Russia-Ukraine turmoil and a looming China-Taiwan threat. But there are other master cycles to consider, of which themes seem to repeat, like the 49/50-year cycle. There was an oil crisis in 1973, inflation & rate hike fears in 1974, and the early 1920s, 100 years from now, there was a concern about the oil supply.
Evidence of the Gann Master Cycle’s existence has also been found in climate research. You will find some interesting research here on the 60-year cycle.
I have reviewed some of these master cycles that may repeat in 2023 in the Fiorente2 Stock Market Outlook 2023 for a full year ahead. You can still grab a copy at a reduced price (click the above link). Each week I follow up on the Gann Master cycle in my weekly weekend post here on Substack with a forecast for the next two to three weeks.
In 2018, Dave S. Gilreath, partner and founder of Sheaff Brock Investment Advisors, wrote on CNBC, “Here’s why the Dow will hit 40,000 by 2025”.
He may be right, and the DJIA may even go higher based on the 60-year cycle and timing lines from the low in 1980, the start of this great Bull-market we are still in. A price level of $45000 may not be impossible by 2025/2026, but I do not think we have yet seen the lows for 2023.
For our premium subscribers, I have updated the Gann Master Cycle forecasts for the DJIA, SPX, and COMPX in the below post.
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.