PP
You do make a valid point as does Robbbbbbb.
Turning a chart upside down is an interesting exercise.
But as you point out upside is different to downside.
Markets probably only spend 1/3rd of the bull time in bear markets.
Bear markets are usually much steeper than bull markets, which is why many love a good bear as you can make a money a lot faster.
I did love your charts Robbbbbb and agree completely.
The only other time/price point that fascinates me is the late Nov 1994/early 1995 US market blast off.
I had that period as a cycle low and was disappointed at first at the weak pullback into that time. The weak pullback was because there was a powerful pull upwards and that suggested to me the market would surge and it did.
All that aside, I do wonder if that isn't some attraction point for the future.
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PPYou do make a valid point as does Robbbbbbb.Turning a chart...
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