NAsdaq: Super Long Term View using Gann Time Cycles
Super-Long Term View of World Markets
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The Daddy Cycle
The Faangs (+ Microsoft) make Nasdaq run.
Nasdaq in turn makes the SandP run (but not the Dow which is internationally based).
The SandP in turn makes FTSE and Dax and Nikkei run. Not always but usually so.
So what is good for Goog and FB and Amzn and Aapl and Msft and Nflx is good for world markets too due to the invisible algo/thread that inter-twines most major markets in 2018.
This chart below shows the Gann master time cycles working very clearly and very accurately so far this century through the main driver of nearly all major markets - the little used Nasdaq composite index.
We can see that the mid-term cycle high reached at the beginning of this year fell just days after the time cycle high was reached, creating the first significant (over 10%) decline since the last cycle high was reached which in turn created the first significant correction (21%) since the Euro problem lows of 2011.
Looking at the longer term we can see that the mid cycle high point has been broken. The next cycle high is due on 27.7.20 - look for the next standard deviation of 9-11% minimum at that point and a maximum of 19-21%. The pattern suggests it will still be the correct policy to buy that dip.
The grand cycle high point arrrives on 13.2.23 when all holdings should be sold into the final high at which point prices should roughly halve in value during the ensuing 2 year bear market.
The future is a J curve. Back in the day of robber barons men would find oil or gold and sell it and hoard the proceeds - now they tend to re-invest profits in AI and the future. And the more they invest in the quest for ultimate domination the faster the future comes at us. Why fight this trend?
It's a buy dips market through to early 2023 according to this chart.
Back to the Source
The Daddy Cycle
The Faangs (+ Microsoft) make Nasdaq run.
Nasdaq in turn makes the SandP run (but not the Dow which is internationally based).
The SandP in turn makes FTSE and Dax and Nikkei run. Not always but usually so.
So what is good for Goog and FB and Amzn and Aapl and Msft and Nflx is good for world markets too due to the invisible algo/thread that inter-twines most major markets in 2018.
This chart below shows the Gann master time cycles working very clearly and very accurately so far this century through the main driver of nearly all major markets - the little used Nasdaq composite index.
We can see that the mid-term cycle high reached at the beginning of this year fell just days after the time cycle high was reached, creating the first significant (over 10%) decline since the last cycle high was reached which in turn created the first significant correction (21%) since the Euro problem lows of 2011.
Looking at the longer term we can see that the mid cycle high point has been broken. The next cycle high is due on 27.7.20 - look for the next standard deviation of 9-11% minimum at that point and a maximum of 19-21%. The pattern suggests it will still be the correct policy to buy that dip.
The grand cycle high point arrrives on 13.2.23 when all holdings should be sold into the final high at which point prices should roughly halve in value during the ensuing 2 year bear market.
The future is a J curve. Back in the day of robber barons men would find oil or gold and sell it and hoard the proceeds - now they tend to re-invest profits in AI and the future. And the more they invest in the quest for ultimate domination the faster the future comes at us. Why fight this trend?
It's a buy dips market through to early 2023 according to this chart.