Market Oracle Expects 2013 to Look Like 2012, First Half Rally and Then a Second Half Correction

“As we forge ahead into the year 2013, I wanted to post an article going over the complete yearly forecast path, as suggested by the various time cycles that I track – and also with other indicators such as seasonal patterns, the Bradley indicator, and also the post-election ‘presidential cycle’ pattern in stocks.

With the above said and noted, the projected path for 2013 looks somewhat similar to that seen in 2012, though with a larger percentage correction being expected in the second-half of the year – primarily due to the position of the larger 180-day, 360-day (18-month) and four-year cycles. In- between, there should the normal up-and-down gyrations along the way, ideally with a peak in here in January ideally giving way to a low in February, prior to returning to strength again into late-Spring or early-Summer, setting up for that important top with the 360-day wave….”

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