All Signs Point To A Brand New Expansion in S&P Bull Market!

The S&P 500 is at new all time highs, and this market is well positioned to head significantly higher. I've featured the pattern on this chart in several other analyses, and it shows that the market is setting up perfectly for an upside continuation. From my perspective, as an analyst, this is strong evidence that the bull market is entering a new continuation phase. Based on the previous examples on my chart, you can see that these phases last for several years. While they do appear to be shortening in duration, the nex test of the 50 MA will be the warning sign that the peak is near. The chart indicates that the next major peak could occur about two years from now. So, I believe that the stock market is entering a brand new expansion of the bull market, which should last for a considerable amount of time, carrying equity prices higher in the coming years.

I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

-JD-