** 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. **
The latest Dynamic Cycle Chart of Dow Jones is projecting that we MAY experience weakness until the first of the 2 meaningful cyclical low of 2024 at around early June, before we resume the bullishness of the U.S. stock market. Possible reason MAYBE because of the disappointment over Fed decision or stance towards rate cut as inflation data is showing signs of picking up with gold leading the commodity sector higher. An important date to take note is the next Turning Point of Martin Armstrong’s Economic Confidence Model (ECM), which is on 7th May. Overall, U.S. stock market need to take a breather after a strong start to the year but no crash is expected as our T&Y RRI™ has finally cleared the important blue 40% level, which points to more bullishness till the end of 2024, PROVIDED that there is no black swan event along the way.
** 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. **