Stocks Fulfilling 2-Year Cycle & Projected Surge into January 2024.
12/16/23 – “Stock indexes rallied into mid-Dec ’23, fulfilling the latest phase of their 4Q 2023 ‘roadmap’ and setting the stage for a 1 – 2 week top. Ultimately, they are still expected to rally into Jan ’24, as they have been since setting lows in late-October…
Stock Indices remain on track for an overall advance into January ’24 – when they would fulfill their late-October buy signals, a myriad of daily & weekly cycles, and the latest phase of an uncanny ~24-Month/~2-Year Cycle.
In 2017/18, stocks rallied strongly from Oct ’17 into Jan ’18.
In 2019/20, stocks rallied strongly from Oct ’19 into Jan ’20.
In 2021/22, stocks rallied strongly from Oct ’21 into Jan ’22.
And in 2023/24, stocks began a strong rally in October ’23… and could advance into Jan ‘24.
If so, that would perpetuate a ~24-month low (Jan/ Feb ’14) – low (Jan/Feb ’16) – high (Jan ’18) – high (Jan/Feb ’20) – high (Jan ’22) – (high; January 2024) Cycle Progression.
As a reinforcing factor, stock indexes were forecast to surge into mid-Dec ’23 – the convergence of multiple weekly cycles.”
Stock Indexes remain positive since generating multi-week buy signals after fulfilling downside price & timing objectives on Oct 27/30, 2023. That ushered in the projected 4Q 2023 advance, expected to last into January 2024 and fulfill the latest phase of the uncanny 2-Year Cycle.
How High Could Projected Surge into January ‘24 Reach?
Why Would That Set the Stage for 1Q/2Q 2024?
What is in Store for 2024/2025?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.