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FINAL BULL RUN IS PENDING
In my past couple of post I have been keep saying that one last up move is pending as FINAL BULL RUN.
So let me explain why I'm saying this & what could happen once this FINAL BULL run gets over.
Here for Reference I'm using DOWJONES TRADINGVIEW CHART to explain this.
As you can see in the charts I have marked wave -1 which got completed in 1929 and 1929 US markets saw their first biggest crash in the history of stock markets where it got half and lost its value by half. That time it got HIT because of GREAT DEPRESSION RECESSION & this correction last till 1932 and US markets form a bottom in wave – 2 in 1932 so almost 3 and half years this correction last in larger degree wave-2.
From 1932 from the low of wave-2 US markets moving up and up by forming higher top higher bottom formation and in 2007 at the time of LEHMAN BROTHERS financial CRISIS it completed larger degree wave-3 which again become a GLOBAL EVENT where entire world markets were crashing.
From 2009 US markets trading in middle of its last and final BULL CYCLE which is wave- 5 and still lots of room pending to move up. So basically when this wave -5 larger degree gets over which may get over in next 2 to 4 years and once it gets over we will get MAJOR GLOBAL EVENT & it could be USA DEBT RISE Or CHINA PROPERTY DEBT OR WAR Or any small European Country files BANKCURRPACY or IT could be a new PENDAMIC. But one thing is sure that once this wave -5 of larger degree gets over which means US completes its first SUPER CYCLE WAVE-1 which followed by first SUPER CYCLE WAVE-2 correction we may see.
So according to me if my reading is right BASED ON this wave formation on US markets then we will have 2 to 3 years OF FINAL BULL CYCLE PENDING after that ENTIRE GLOBAL MARKETS may go in deep correction for next minimum 3 to maximum 5 to 7 years.
SO YES SO FAR FINAL BULL RUN IS PENDING WHICH ACCORDING MY READING SHOULD LAST 24 MONTHS MINIMUM TO MAX 30 TO 36 MONTHS AFTER WE GET BOTOTM CONFIRMATION IN NIFTY.