I haven't posted these for a while.
I talk about decennial or 10 year cycle which is basically US but these are XAO/XJO/SPI based.
First chart is a typical year shown by blue line. Magenta line is year to date and it turns flat as I just have May's close for the rest of the year.
Second chart is average decade but just from 1983 as I used SPI figures. Numbers at bottom are year so "1" is 1981/1991 etc.
Third chart is average decade from 1875 and with this I weighted each year based on the close of teh previous year. That means that much bigger price levels don't overwhelm early years and should be a truer picture.![]()
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