Charts suggest the stock market is expected to rise in late October

The traditionally weak September lived up to its reputation this year, but historical analysis of market trends shows better days may be ahead.

Jim Cramer featured veteran chart analyst Larry Williams’ analysis in Friday’s edition of “Mad Money.” Williams called the bottom in March 2020 and the market crunch in September.

“The business is a business what have you been doing for me lately. It’s really ruthless. And lately Williams has had a really breathtaking track record, so we keep coming back to him,” Cramer said.

Cramer points out that Williams’ graph prediction since the start of the year is eerily similar to how the 2021 market has played out.

“For the most part, Williams was right,” Cramer said.

Cramer said he’s not always a fan of technical analysis, but it’s important to take this into account when making investment decisions.

And Williams’ work shows that one of the best buying opportunities of the year is just weeks away.

Williams points out that, according to the nearly century-long timeline, stocks started to recover around Oct 29. That doesn’t always happen, but on average, the period from late October … to late December is usually the best time of year for the market, ”Cramer said.

Another Williams favorite technique, 47 and 150 day cycle analysis, tells a similar story.

“We have two different graphics techniques that both call for the same result. It’s called confirmation,” Cramer said.

According to Williams, buying the S&P 500 futures on the 22nd trading day in October or the first trading day in October has been a consistent winner over the past three decades.

“There is no guarantee that this model will work in 2021, but it has worked for the past 31 years and Williams has been on a roll for 18 months, so I’m telling you I wouldn’t bet against it,” said To screw up.

“Maybe I would start the third week of October, but at the end of the day: As we get closer to the end of October and the beginning of November, the charts performed by the legendary Larry Williams. So maybe that? it’s time to know a little more constructively as we approach the historic glory days, ”he added.