DOW Multi-Year Consolidations and Multi-Year Rallies

INDEX:INDU   DOW Industrials [Test]
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I am posting this chart more for storage of an idea than a trade setup. - DOW log chart

Looking back on the DOW, it seems the market goes thru periods of multi-year consolidations before breaking out to multi-year rallies. If this is what is happening now, then the markets could have an extended rally leading to highs and another multi-year consolidation period.

Looking at previous multi-year rallies there will be 14% to 20%+ corrections - chart 1
- chart 2
However, the corrections could be bought and could continue to push the markets in an upward trend into a multiyear top.

IMO, as long as investors continue to try and call a top or believe a correction is a market crash and go aggressively short, the market could continue to squeeze higher.

I am probably in a very small camp with this idea but looking left of the chart, why would this period be any different? I do believe we will see a good correction after this current run up, but not a crash.
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