SAP 500 future outlook
The 50dm crossed the 200dma in Dec2007, nine months before the great financial crisis explosion.
As you can see in 2018 the situation is different, for the moment the 50dma is still above the 200dma, as expected in a rising market.
When the 50 will cross the 200 we will start looking at it more carefully.
The whole 2000 - 2013 period can be considered in a very long term perspective as a wide consolidation area after a bull market that started in 1982 lasted 18 years.
https://invst.ly/7yjr4
This was similar to what happened between 1972 and 1982, a 10 years consolidation.
After 1982 the market has risen 1100% in 18 years.
Same story in the 50s and 60s, a 600% rise
The message here is that we could just be in the initial stage of a very long bull market. Since 2014 the S&P500 has risen 70% but this move can end in 2030 and take the S&P to 16000.
I realize that it can seem impossible now, and look a bit hyperbolic and enthusiastic, but try to stretch your imagination. The scalability concept, artificial intelligence, robotics, are creating a totally new type of enterprise, and we are only doing the first steps into a totally new high tech era blockchain included. Try to think how different was the world in the 60s vs the world of the 40s. Washing machines, hi-fi, autos, Tv, planes, landing on the moon. It was a totally new world and only 20 years passed.
It is only opinion not any financial advice btw enjoy
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