It is obvious - market was in huge channel for the past 8 year since 2008 crisis. Lots of theories suggest that markets evolve into big cycles of 6-8 years. As we add even cycle pattern on this monthly chart, we see the past 2 cycles evenly changed direction after 8 years period. And now we are at the end of last cycle (90 month) since last trend reversal.
As it...
