The market will start off in January rise in February, rise in March, rise in April, rise again in May where it will peak on the 1st, the 15th or the 31st.
Then, it will start to decline. It will go down in June, down in July, down in August and bottom out. The market will then turn up in September, up in October where it will peak on the 31st.
The market will decline in November, and decline again in December.
The August decline will be about 7% off the May peak. The October 31st number will be 99% of the May peak. The overall increase will be 7.29% on an annual basis.
Brian Madigan LL.B., Broker