2003-2008 Rally as per Elliot Wave Theory was in 3 Waves - Wave A, B and C with all tops and bottoms on a single trend line, Same happened in 2009-2020, now in current Bull run from 2020 till date we have already seen 2 sharp rallies, 8000-18000 wave A, then 17000 to 26300 ie Wave B, both waves followed by sharp corrections; Soon we will start final and most...
I believe that the rally of April 2003- Jan 2008 will be eventually duplicated between Jan 2020 - April 2029. The theory is as per follows:- 1. The rally of 2003-08 was in several but majorly 3 phases of rally and sharp corrections. 2. The bull market of 2020-29 will be a 10x multiple but with same percentage returns (absolute returns) in twice the time period;...