Financial experts love to spin lovely yarns
In fact, most of them appear to have chosen the wrong field; writing fables would have probably been a better choice.
The real phase of a bull market starts after it has taken out its old highs. Until this moment occurs, it’s not a real bull market The Nasdaq recently achieved this milestone; this was not an easy feat as it took the Nasdaq 15 years to break through the strong zone of resistance illustrated In the chart below. A market normally doubles after breaking out to new highs, especially if it has been struggling to achieve this for 15 years. Roughly it should trade to the 9800-10,500 ranges before putting in a long term. Therefore until this occurs the most likely outcome is that it will experience corrections ranging from Mild to strong along the way up.
An expert who has stated the same thing over and over again hoping for a new outcome