I have posted previously that SPX has been bottoming around the 19th since April 2020.
If this monthly cycle holds true, then we should see spx making a bottom around Oct 19 (Black Tuesday ?).
Just for research purposes, there was a market crash on Oct 19 in 1987, which will be 34 years to 2021. 34 years is an important cycle.
So on to examples of the 34 year cycle at work.
1896-1929- Major low to major peak (33 years)
1907-1942- Major low to major low (35 years)
1932-1966- Nominal bear low to secular bull market peak.
1942-1974- Major valuation low for 1929-1949 secular bear to nominal low of the next secular bear in 1974.
1949-1982- Final valuation low of the 1929-1942 secular bear to the valuation low and end of the 1966-1982 secular bear.
1966-2000- Secular bull market peak (1932-1966) to the next secular bull peak (1966-2000).
1974-2007/2008- Nominal low of secular bear market to major peak/crash.
1982-2016)- Minor Low
1987- 2021? - 34 years
(extracted from equitybriefcapital.w...f-the-34-year-cycle/)
If this monthly cycle holds true, then we should see spx making a bottom around Oct 19 (Black Tuesday ?).
Just for research purposes, there was a market crash on Oct 19 in 1987, which will be 34 years to 2021. 34 years is an important cycle.
So on to examples of the 34 year cycle at work.
1896-1929- Major low to major peak (33 years)
1907-1942- Major low to major low (35 years)
1932-1966- Nominal bear low to secular bull market peak.
1942-1974- Major valuation low for 1929-1949 secular bear to nominal low of the next secular bear in 1974.
1949-1982- Final valuation low of the 1929-1942 secular bear to the valuation low and end of the 1966-1982 secular bear.
1966-2000- Secular bull market peak (1932-1966) to the next secular bull peak (1966-2000).
1974-2007/2008- Nominal low of secular bear market to major peak/crash.
1982-2016)- Minor Low
1987- 2021? - 34 years
(extracted from equitybriefcapital.w...f-the-34-year-cycle/)
