Analyzing Market Cycles: A Look at Recent Declines and Potential Recovery

The market has experienced significant declines, with periods of 19%, 23%, 38%, and 21% in recent years. These drops reflect cyclical corrections that are a common part of the market’s broader trend. Technical analysis suggests potential for recovery after these price drops, indicating a shift towards bullish conditions in the near future. RSI indicators show weakening momentum but hint at a possible bullish reversal.