The Bull Market is in its tenth year, and still appears to be on track to match or exceed the longest bull market on record, from October 1987-January/March 2000. This would portend a final top in 2022. However, developments will be monitored closely should the market top sooner. In the interim, the market appears to have reached important resistance as evidenced by a trendline dating back to 1987.
In the intermediate-term, the market has likely peaked or will with one more minor new high in Primary wave 3, with a sharp correction due for Primary wave 4, to be follow with one final wave up to end the Cycle Wave V bull market and likely mark a peak that will not be seen again for decades. More detailed analysis to follow soon.
