Basically, the current market cycle should have ended approximately 7 years ago. Unfortunately, the bear market has continued due to certain political choices. In total, the Euro has been in a bear market for almost 15 years... Before that a 7-year bull market. Meh... I reckon it's safe to say we're long overdue :). If we keep walking down this path. Economic collapses will become a real possibility.
In a nutshell, I'm very bearish. Looking at the possible price-action trend trajectories. It's really looking awful. No matter how much you try to sugar coat this.