Thanks for the chart UMC, It is worth noting that except for the...

Thanks for the chart UMC,

It is worth noting that except for the 1929 crash, the other two bear markets (ie oil crisis and tech crash) are characterized by a hard crash, a large dead cat bounce and a prolonged bull market.

The current bear market has had the hard crash and the large dead cat bounce. So we can assume the prolonged bull market is next to come.

The chart you provide lines up the bear markets with the market high and measures the relative fall. IMO a better alignment point for comparison is the crash point. This shows we are now due for the prolonged bull market.