SPX Bull Market Update

Here’s the SPX monthly chart with my methodology of defining bull markets and bear markets…

The previous bear market not shown was from 1966-1974, lasting 8-years…

 

 

Link to larger chart:  Link

The previous bull market before that was from 1942-1966, lasting 24-years…

 

Link to larger chart:  Link

The first bull market you see was from 1074-2000, lasting 26-years…

The last bear market was from 2000-2009, lasting 9-years…

My momentum indicator trend line presently projects the present bull market to continue until ~2032…

The lowest target I have for the final top is ~5100, though as you can see from the previous blow-off phase, which was a nearly 400% move from 1995-2000, that my ~8800 projection may still be too low – even from today’s price level… watching. .

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