What To Expect In 2018 by Koos van der Merwe
When a market has been strongly bullish, it’s easy to get complacent and focus on continuing to grow your net returns. The reality is that markets don’t always go up, which is why, as a precaution, it’s worth your time to map out the bigger picture. That’s not to say that you can accurately predict when the market might turn around but it gives you a path to follow. Here’s one approach to use.
In my article “Gann Fans & Kondratieff Waves” that appeared in the Technical Analysis of STOCKS & COMMODITIES Bonus Issue of 2016, I concluded that Gann fans were not the key to cyclical analysis and that the Kondratieff wave failed in its prediction of a major correction in March 2016. If you look at the chart of a Kondratieff wave (K-wave) in Figure 1, the K-wave calls for a collapse in 2019. Will this happen, or will the K-wave be wrong again this time?