5 October 2024
Global equities are the most favored and tax advantaged of all investment instruments. Instead of providing tax advantages for the use of corporate profits for R and D and new product development and maximizing sovereign industrial and manufacturing growth, corporate-influenced legislation has promoted the use of corporate profits for trillions and trillions of dollars for stock buy-backs, further advantaging equity valuations. This is why there is the maximum 2.5x time growth for the self-assembly of 2nd and 3rd growth fractals. After the Oct 2025 crash low for global equities, this maximum time based growth will be the rule for the next 32-33 years.
The British European 600 stock index is following a similar Lammert fractal pattern as the global ACWI equity index and the Nikkei composite. While The nikkei has had (and will have) 4 trading day holidays in the 5 August to 14-15 October 2024 time frame, the British European index has had only 1.
From the 5 August 2024 low, the British European 600 stock index is following a self ordered self-assembly 7/18/18/4 of 10-11 day :: x/2.5x/2.5x/1.5x maximum time growth 4-phase Lammert fractal series ending 14-15 October 2024. Containing the 1 October 2024 10-11 day 4th decay fractal(2/5/5 days or 2/5/4/3 days) is an interpolated peak 27 September 2024 3/4 of 6/5-6 day :: y/2y/1-6-2y 3 phase Lammert Decay Series.
Added 6 October 2024
Confirmation of the 27 October 2023 to 15 October 2024 1st and 2nd fractals: The Russell 2000 weekly fractals since October 2023
From 27 Oct 2023 to 15 October 2024, the Russell 2000 is following a 16/37 week :: x/2x-2.5x 1st and 2nd fractal weekly pattern. The 37 week 2nd fractal currently at 35 weeks is following an 11/25 of 27 week :: x/2x-2.5x interpolated 1st and 2nd fractal series. The final 11 weeks of the 27 weeks is composed of a 2/4/5/1 of 3 week fractal series ending 15 October 2024. Downward global equity valuation nonlinearily will be evident over the next 7 trading days . If proportional fractal similarity is shared with the 1929 to 1932 decline, this 2/4/5/3 or 11 week 4-phase Lammert crash fractal series will be the 1st fractal base for a 11//22//(5/12-13/11-10/7 = 32)week crash fractal series ending Oct 2025.
