Based on the all-time pattern on the monthly chart, when next bull market would begin is expected to be somewhere in autumn 2022 or winter 2023, approx. The red 'strong counter-momentum' diamonds on Momentum Master have always resulted in at least a %55 drop or more within several monthly candles, and that has already come true this time around as well. This was calculated based on the average bottom duration after those signals on the previous two cycle-bottoms and some margin of error.