Stock Market Cycle Outlook For 2024
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The well-promoted US recession of 2023 did not happen, but will it happen in 2024.
Michael Howell of CrossBorder Capital says the liquidity is supportive of slow growth but no recession in 2024 or 2025.
Video Length: 01:49:01
Technical charts support this view, lets review:
Chart 1 - Shows three sine wave cycles should repeat for a fourth peak in 2025 Q1.
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Chart 2 - Shows the Dow Jones working well through Gann Angles, Dow +45,000
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Chart 3 - Crazy how the Wall 900 period cycle fits highs and lows.
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Chart 4 - Richard Wyckoff's Cause and Effect is still working until it does it. Will an 'Effect Fail' happen in 2024, the trend says unlikely. But who knows which events will shape the world in the next year.
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