Airline stocks have see a massive hit since the current economic downturn but could it be the climax basing for the next cycle
The 13-year cycle from 2008 completed a 661 week trend and market is forming a base for a 5-year bull market.
Repeating market patterns give us a clue of what we can project after completion of the cycle
1896 - 1903 7-year cycle
10/2004 - 05/2005 7- months cycle
06/1994 - 12/1994 6-months cycle
In the 3 occurrences there was a bull market that followed averaging 5 years
Giving that the next cycle node is in 2028 we can expect the bottom anywhere between now and March 2023
The 13-year cycle from 2008 completed a 661 week trend and market is forming a base for a 5-year bull market.
Repeating market patterns give us a clue of what we can project after completion of the cycle
1896 - 1903 7-year cycle
10/2004 - 05/2005 7- months cycle
06/1994 - 12/1994 6-months cycle
In the 3 occurrences there was a bull market that followed averaging 5 years
Giving that the next cycle node is in 2028 we can expect the bottom anywhere between now and March 2023