What do you guys think of the idea of a left translated cycle, that Bob Loukas mentions as a possibility (although not his highest probability scenario)?
The left translated cycle, consists in believing that if you take the mid point of the next 4 year cycle that just started, so 2 years from now, at that point the ascending phase of the cycle will already have concluded and the descending phase of the cycle will have already begun.
In other words, a left translated cycle would be a quick and strong uptrend first (2023 and some part of 2024), then a long and painful correction for most of the time during that 4 year cycle.
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