Gann Master Cycle Update

#219 An update on the US Indices: DJIA, S&P500, Nasdaq.

Introduction

In this week's update, I have revised the post from two weeks ago on the US indices, using similar charts.

We may have already reached a high in the US indices this year, but I’m not completely convinced. The 60-year pattern didn’t peak until around November 20th. Additionally, when analyzing the weekly chart for the S&P 500, I anticipate more upward movement before a significant correction occurs, likely holding off until at least the second quarter of 2025, as shown in the weekly chart below.