I theorize every cycle is more or less the same as structured by the 1.272 & 1.618 retracements. As you can see, every cycle seems to find a zone of accumulation between these two fibs. 2013's lasted 7 months, 2017 lasted 5 months, & so far this cycle has been 15 months. I believe what we're seeing here is merely a longer accumulation due to global economic teetering. Because of this, it could mean for a continuation of this accumulation zone for many more months. Speaking macro, I could see a low around 26k being put in but no further (see related ideas). For a high, I see a minimum of 140k; however, if these structures simply repeated as per 2.272 fib, you can see at least 207k should be reached.
