The year 2018 is about to close and yet we are still looking, hoping and even praying for some "miracle" to happen to market that can induce the dreamed bull run we all are wishing for! Some people have already resigned to the idea that maybe it will never happen this year but in the next or 2019 though some are also saying that there are still many days left for this year -- who knows what can be?
I am then wondering: if the so-called bull run will not be happening within this year do you think we can be facing a gloomy 2019 or will there be an otherwise reaction to it? What do you think...gloom or boom?
The market has been in stagnation for a number of months now, this period can't go on forever and is normally followed by some bullish movement instead of bearish. Of course history is not a fully accurate guide of what will happen in the future. When the good days return it will be 10% increases over a week or two instead of over a day for the first number of months, the market will need to build up momentum again.