I believe after reviewing all the evidence that we still have over 11 years of bull run left to go with a price target of 15,500 by 2035.
It looks like we are half way through the bull cycle. In a bull run, the moving averages fan out and start trending off the 21 and 50.
I will be shifting my focus on buying and stop with the market crashes as I thought. I was wrong and will change course.
It looks like we are half way through the bull cycle. In a bull run, the moving averages fan out and start trending off the 21 and 50.
I will be shifting my focus on buying and stop with the market crashes as I thought. I was wrong and will change course.
Comment:
The entire market seems to be going off of the 1929 high to low range expansions. We are currently in box 4 with at least 11 years of juice before the next financial crisis' hits
Comment:
Price just broke out of the 2000-2009 consolidation in the bear cycle 3 and is just now getting going in the bull 4 cycle.
Comment:
On the NASDAQ, look at the consistent bounces off of support in a nice, trending direction upwards. The last bounce was off of the monthly 21ema and it ripped off of it.