*IMPORTANT ANNOUNCEMENT TO NEW READERS: Substack allows Apple users to subscribe via the App Store, but Apple adds big fees. You can save a lot of money by subscribing directly in Substack instead.
Let’s get started…
I’ve been looking through my (long) notes of past market cycles, and thinking a lot about “what this is” and “where we’re going”.
Market cycles tend to repeat, and I think we’re at an (increasingly) important moment in the rally.
Today let’s talk about (1) rally dynamics, (2) quantitative & qualitative aspects of where we are vs. history, and (3) evaluate how this cycle could unfold from here.
We’ll also introduce a NEW indicator I’ve been quietly developing — and is now ready for rollout.
We’ll cover (1) what history suggests is happening, (2) how we’ll use it within our tactical analysis, (3) what it looks like now and how I’ll be trading it:
Where are we in the Market Cycle?
Keep reading with a 7-day free trial
Subscribe to Macro Charts to keep reading this post and get 7 days of free access to the full post archives.