Since the Great Depression the S&P 500 tracks U.S. GDP, both log graphed here such that the slope of the channel is the log slope of U.S. GDP.
Looking for some kind of pattern, there might be a ~33 year wave-like pattern repeating twice since 1929 and hypothetically a third time, as depicted.
The likelihood of the third repetition happing I have no confidence for or against, it's just a possible pattern I'm proposing in the data.
Looking for some kind of pattern, there might be a ~33 year wave-like pattern repeating twice since 1929 and hypothetically a third time, as depicted.
The likelihood of the third repetition happing I have no confidence for or against, it's just a possible pattern I'm proposing in the data.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.