February 2024 T&Y RRI™ (14/3/2023)

** Please note that any information shared in this private blog is NOT to be regarded as an advice or a recommendation, it is meant for EDUCATIONAL AND INFORMATION PURPOSES only and it does not constitute an investment advice, an offer or solicitation to purchase or sell the investment asset classes mentioned. **

February 2024 T&Y RRI™ has finally cleared the important blue 40% level to reach 41.43% after it had been below it for the last 1 year. Therefore, I am expecting the bullishness in the U.S. stock market to persist till probably Q1 of 2025 with a possible target for S&P 500 at around 5,900 (based on DT7 Golden Number of 3.5, cyclical and technical factors), PROVIDED that there is no black swan event and our T&Y RRI™ does not go beneath the 40% level again.

* Bear market – 1)20% monthly drop from the peak in Wilshire 5000 index + 2)T&Y RRI™ drop below the red horizontal 60% level = start of a much bigger decline, possibly 30%+ or more.

* Bull market – 1)20% monthly rise from the trough in Wilshire 5000 index + 2)T&Y RRI™ rise above the blue horizontal 40% level = start of a much bigger rally, possibly 30%+ or more.

** Please note that any information shared in this private blog is NOT to be regarded as an advice or a recommendation, it is meant for EDUCATIONAL AND INFORMATION PURPOSES only and it does not constitute an investment advice, an offer or solicitation to purchase or sell the investment asset classes mentioned. **