This is my first analysis, so please bear with me. pun intended lol. Looking at a longer chart, the last bull market lasted a little over 4.5 years from March of '03 to October of "07. The bear market took a third of the time before it started this 9 year bull run. If we've truly hit a top and we have entered a bear market and if history repeats itself then we might be looking a 3 year bear cycle, which also coincide with a presidential election. With interest rates climbing and a possible stronger dollar can also be catalyst to push the market into a long overdue bear market. I guess time will tell. Thanks for taking the time to view! And feel free to leave a comment. I love to hear some feedback!
Kommentera:
Seems to be keep the pace into a long stead bull market. I will keep updating. Love to hear some comments. Thanks for viewing!
Kommentera:
I meant long steady bear market.
Kommentera:
looks like we're retesting the top. possible M or double peak forming.
Kommentera:
its dipped below the first blue line.
Kommentera:
21560 and we'll be in bear market. looks like the bottom will be near 18000, but it might take up to 2 more years to get there.
Kommentera:
now entered the green area