Dow Jones, 4-year cycle, calculated over 121 years.
2024 is an election year. The election cycle suggests a weak first half of the year, and a good second half. The election year gets off to a weak start. The left quarter of the chart shows the typical performance of the Dow Jones in election years. As indicated by the red arrow, these typically posted losses in the first half of the year. After that, things look much better, as indicated by the green arrow.
Quoted from:
Seasonax (Dec 13, 2013) - 4-Year Election Cycle: How will 2024 go?