Recent bear markets have been short events, 3 months to 3 years. However, there are lengthy periods where we essentially chop sideways, and we are about due.
~2400% pumps seems to be the trend. However, we're so far from the 100yr bull trend line & 17k SPY, that it will struggle to go straight up from here. How much further is hard to say, but it has to return to the 100yr trend line eventually, and that will entail another 12+ year stretch of -50%, +100% ranging moves.
~2400% pumps seems to be the trend. However, we're so far from the 100yr bull trend line & 17k SPY, that it will struggle to go straight up from here. How much further is hard to say, but it has to return to the 100yr trend line eventually, and that will entail another 12+ year stretch of -50%, +100% ranging moves.
Note
closer look at the last 20 yearsNote
You can see we've had some mini flats, 2yr stretches, that form legs 2 & 4 of a 5 wave.Note
maybe something like this Note
we may already be 5 years deep on one of these cycles, 2400-4800 is the -50% +100% cycle
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.