IXIC will very likely rise parallel and very close to the top fibonacci channel line through 2020, but 2021 might be some kind of year. 2021 is a major trough according to the Benner cycle, which also successfully predicted the bottom years of 1987 and 2003. Similar to the (not always accurate) rule of alternation in theory, there seems to be a constant alternation between 'panic' and 'recession'. 1987 was a year of panic, the stocks dropped quickly and sharply, but rebounded very fast. 2001-2003 were years of recession for the technology sector, with relatively long lasting effects. Therefore we could assume 2021 would be another year of panic, sharp and quick price movements both up and down, but the big picture remains . This predicted major trough also coincides with the intermediary Wave 4 of the primary Wave 5.
Wave 5 of the primary Wave 5 could start in later 2021 and finish in 2024 between 20000 and 30000, thus finishing the very long overall from 2009, forming the Wave III on Cycle level. 2024 is the year indicated by USA demographic trends, but 2025-2040 will be very . Basically USA stock markets rose very quickly in the 1990s because significant amount of money was pouring into the stock market, which in turn is due to the fact that the age group between 45 and 64 was growing very qucikly, and this group typically has more excess cash and credit to spend in the stock and property market. 2025-2040 will see the USA age group of 45-64 grow quickly too, fundamentally between 2025-2040 there is good base for USA stocks to perform even better than 2010-2020.
The predicted market between 2024 and 2025 or 2026 could be interpreted as Wave IV, alternatively it could still be part of Wave III , and Wave IV would only arrive in the late 2030s. It's still too early to be sure about how Wave IV of the great cycles from 1974 would lay out, because we are still in the early or middle stage of Wave III