Market Cycle Stages According to the Wall Street Chart
We will start from the beginning of the rise until the return to the bottom
1. Disbelief
"This rise will be false just like the one before it."
2. Hope
"The market seems to be recovering."
3. Optimism
"No, it’s clear that the market is rising."
4. Belief
"I must enter with full force."
5. Thrill
"I will enter futures to achieve bigger profits, the situation is exciting."
6. Euphoria
"I’m a genius, I’ve become rich, I’ve doubled my money."
7. Complacency
"This is just a minor correction, then we will soar."
8. Anxiety
"What’s happening? I’m not reassured."
9. Denial
"There’s no bear market; all these institutions can’t possibly lose."
10. Panic
"My profits have vanished… the futures are locked!"
11. Capitulation
"I will exit the market completely; I can’t afford to lose more."
12. Anger
"Damn the market for getting me into this."
13. Depression
"All my money is gone. Where will I spend from? I was so naive."
14. Disbelief Again
"Is this a false rebound? I won’t enter again, goodbye."
And then the cycle starts again...
We are at the last stage which is
depression
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