Dow Jones 20 year Cycle - Market bottom in 2023 ?
"One of the most important Time cycles is the 20 years or 240 month. Most stocks and the averages work closer to this cycle than to any other." W.D. Gann
As you can see on the chart, market has moved similar to 20 years ago (give or take a few years, keep in mind that cycles can be delayed due to different factors). According to these cycles we won't see these index and stock prices until mid 2024. What do you think? Does it seem logical compared to geopolitical reasons and technical analysis?
If you haven't yet, go check my #BTCUSD cycle analysis on Tradingview as well!
As you can see on the chart, market has moved similar to 20 years ago (give or take a few years, keep in mind that cycles can be delayed due to different factors). According to these cycles we won't see these index and stock prices until mid 2024. What do you think? Does it seem logical compared to geopolitical reasons and technical analysis?
If you haven't yet, go check my #BTCUSD cycle analysis on Tradingview as well!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.