snippets from my weekly report, page-5

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.