Completing Odd Job’s Post:

Where we postulated some old Charts comparing the beginning of THIS Bull Phase with the beginning of the 2001 Bull

2001 Bull : Behold 4 Impressive Impulse Moves followed by deep and long Consolidations ( to digest them)

2016 Bull…That was a huge and rapid Start to the Baby Bull..Now the Indigestion Period .

We can now compare the First Leg Up in 2001
(160% and 6 Months) and Consolidation (40% max drop and 9 months)

With the present First Leg Up in 2016
(186% and 7 months) and Consolidation ( 44% max drop and 10 months (speculated) ) This could be longer .

If you are a Bull and believe we started a new Bull Market in January 2016 …But you have become unnerved and doubtful due to this seemingly outsized and harsh consolidation…study this Chart of the inner mechanics of the Amazing 2001 to 2008 Bull Market…! Then have a Great weekend

Thanks a ton Odd Job for revisiting this important concept.