Multi-Decade Consolidations & Corrections

Posted on Posted in Videos
https://www.youtube.com/watch?v=WYZNVJe91sg

 

Today we look at historical examples of multi-decade consolidations and breakouts that have occurred in the past in the Dow, from 1959-1982 and what happened afterward.

The gold and silver mining sector as referenced by the XAU has been consolidating now for over 30 years. Its potential is larger than that of the Dow in 1982.

We also look at the corrections that occurred in previous bull markets.