Market Structures

The Dow Jones Industrial yearly chart from 1915 - 2008  depicts some of the
most important stock market cycles.Note that there are two cycles in
2008 (white and pink).  This means that 2008 will mark historical (closing) low
on the yearly chart and that the market now has many years of upside action. 
The chart suggests that the advance could last until late 2016.



DOW YEARLY CHART



 

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