A ratio measurement between October 17, 1972 and January 11, 1973 was taken with a peak result of 3.35, as shown in the bottom chart. The same measurement was taken between October 27, 2023 and January 30, 2024 with a peak result of 3.2043. The January 30, 2024 measurement of 3.2043 is within 4.3% of the January 11, 1973 measurement of 3.35. Today, a decline is expected based on key factors noted on January 29, 2024. Additional data will be needed to see if a decline similar to the first quarter of 1973 occurs.
Stock charts courtesy of StockCharts.com
