Dow Jones Yearly Chart Bull Analysis
Doing an analysis on the yearly chart, where every bar formed is 12 months. Each bull run has been in the neighborhood of 1400-2000% gain over the course of 25-33 years.
Analyzing the current bull run #4, you can see that we are in year 15 and only up 500%.
This tells me that we have 11-18 years left of gains before we hit that magic 1400-2000% gain.
The bull trend is about half way in its life cycle with price well above the yearly 21ema.
I am estimating the year 2035 as a good year to finish this bull run with a price target of 115,000 on the Dow Jones.
Analyzing the current bull run #4, you can see that we are in year 15 and only up 500%.
This tells me that we have 11-18 years left of gains before we hit that magic 1400-2000% gain.
The bull trend is about half way in its life cycle with price well above the yearly 21ema.
I am estimating the year 2035 as a good year to finish this bull run with a price target of 115,000 on the Dow Jones.
Comment:
Comment:
Comment: