Possible pattern in the overall market

Mar 6, 2021

This is purely hypothetical. It appears a pattern has formed in terms of periods of heavy growth and periods of stalling growth. I was able to chart all 3 majors indices in aggregate thanks to boji1 's post:

What do you all think? Do you think the market will be choppy all year or do you think this apparent pattern will continue and we have another leg higher?

Based on the last two cycles, the average return was 11.9% from the start of the growth period to the next rest period. Could see a 12% bounce back in the next 2 months.

Mar 10, 2021

Note

We could see a break-out here or some ongoing chop for the foreseeable future if the overall market fails its test at the 50 RSI level. If it passes this test, it appears a bullish MACD cross is forming and that should launch the market to new highs.

Deutsche Bank did a survey and 37% of people across a variety of age groups said they will put half their stimulus check into the stock market. This would result in a $170 billion inflow.

Catalysts are present and technicals look healthy.