• 267 days Could Crypto Overtake Traditional Investment?
  • 272 days Americans Still Quitting Jobs At Record Pace
  • 274 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 277 days Is The Dollar Too Strong?
  • 277 days Big Tech Disappoints Investors on Earnings Calls
  • 278 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 280 days China Is Quietly Trying To Distance Itself From Russia
  • 280 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 284 days Crypto Investors Won Big In 2021
  • 284 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 285 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 287 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 288 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 291 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 292 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 292 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 294 days Are NFTs About To Take Over Gaming?
  • 295 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 298 days What’s Causing Inflation In The United States?
  • 299 days Intel Joins Russian Exodus as Chip Shortage Digs In
  1. Home
  2. Markets
  3. Other

21-Week Cycle High

An examination of all US Presidential election years shows a peak in equity markets in early April followed by a drop into early June. The June low serves as a launching pad for equities to rocket to new highs by year-end not-withstanding the typical Sept/Oct weakness. A low in June matches the Lindsay forecast.

However, when an election year is the eighth year of a Presidential term we get a different result. Like normal election years, equities print a top in early April and a low in early June. The rally following the June low lasts but one month before equity indices decline to new lows with the sell-off accelerating in the Sept/Oct time-frame. No final (seasonal) low is expected prior to late November.

The chart shows a weekly cycle that, since 2012, has stretched from 21 to as long as 25 weeks between highs in the S&P 500. As the previous iteration, at 24 weeks was long, it seems likely that this cycle high will fall on the short side of the average duration. Last week marked 21 weeks since the previous high in November. This cycle also matches the Hybrid Lindsay forecast for a high last week.

S&P500 Index Monthly Chart
Larger Image

 


Try a "sneak peek" (trial subscription) at Seattle Technical Advisors.com

 

Back to homepage

Leave a comment

Leave a comment