Major corrections on the three-day line since the beginning of this bull market
First, let’s state the conclusion
Without exception, all directly start a major correction after hitting a new high
Figure one
After reaching a new high of 25100, it directly corrects to 19500, a rapid correction in twenty days, a decline of 22%
Figure two
After reaching a new high of 31000, a major correction begins directly, with a slow correction lasting a month and a half to 24800, a decline of 20%
Figure three
After reaching a new high of 48900, a major correction starts immediately, with a rapid correction dropping back to the lower bound of the three-day line at 38500 in thirteen days, a decline of 21%
Figure four
After reaching a new high of 73700, a major correction begins, with a slow correction taking nearly two months to drop to 56500, a decline of 23%
Okay, don't think that there won't be a major correction in a bull market