Gotmar

Biden's presidency expanding triangle - BULL/BEAR super cycle

OANDA:NAS100USD   US Nas 100
  • Expanding triangle (wedge) has been forming ... this structure could be lasting several years
  • MAJOR dips and runs on the way - ATH and big BEAR recession
  • magically - Santa coming every Christmas and y/y returns are mostly pretty positive - most of years +10%
  • deepest levels expecting in the mid of 2024 for a major V-recovery run to finish Biden's presidency in 45-60% overall positive result
  • we could call this super cycle as a "creative economy" cycle due to y/y results despite several major LOWS - major dips are in the mid year "sell in May"
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