Will History Repeat Itself? The 60-Year Cycle and the 2024 Presidential Election
#218 The parallel with the 1964 Presidential election and an update on the US Indices, BTC, Gold, and Silver.
Introduction
Currently, I'm observing the 60-year Gann Master Cycle in relation to the 1963-1964 election. President Biden has chosen not to run for re-election, and Vice President Kamala Harris has stepped in as the candidate for the Democrats. This scenario is reminiscent of when President Kennedy couldn't run for re-election, and Vice President Lyndon Johnson took his place. As per the 60-year Gann Master Cycle, Kamala Harris is then anticipated to win the 2024 election. The only contrast is that Vice President Johnson had already assumed the presidency after President Kennedy's assassination a year earlier. It's also important to note the similarity that there was an assassination attempt on Trump in this year’s election.
While the stock market followed this 60-year cycle in 2024, it may not mirror the 2024 presidential election. Johnson did win the electoral vote in a landslide in 1964, but it doesn't seem likely to happen again for the Democrats in 2024. As cycles repeat, it's important to remember that while themes of the past may reoccur, the future outcome often comes with a twist.
Furthermore,
wrote an intriguing article on Substack. The article suggests that Mercury Retrograde could influence the 2024 presidential election between Kamala Harris and Donald Trump. Mercury retrograde is known to cause confusion and recounts during election time, which was not the case in 1964. In my lifetime, I have experienced a situation where a contract agreed to be signed during the Mercury shadow period was later canceled during the Mercury Retrograde period.
In my recent article on the US elections, I observed that Trump's planetary transits may become more favorable after election day, as seen in the above chart. This could increase his chances of winning the election in the event of a recount, as shown in the combined Transit to Natal analysis. This may fit Jessica’s analysis. I summarized my earlier analysis in the video below.
A rising stock market may benefit the incumbent candidate, and Bitcoin's recent surge may favor Trump as a future President. I previously mentioned a price target of $5832 by mid-October on the S&P 500 based on the Mars-Jupiter helio conjunction, but we have now surpassed that target. I updated last week’s post using the same square-out technique to identify the next price and time targets that may come into play. Additionally, I will provide similar updates on BTC, Gold, and Silver in this week’s update.