Glenn Neely: The 26-Year Bear Market Is Over

A "Roaring 20s" Style Bull Market Has Begun

Since the peak of the Dot-com bubble, I have consistently stated that a 20–30 year bear market began at the year 2000 high.

That long-term assessment has not changed, until now.

Today, I can confidently say that the 26-year bear market is over.

The Structure Behind the NEoWave Forecast

Following the peak in 2000, the market has been in wave-4, forming a NEoWave neutral Triangle¹ over more than two decades.

Within that structure:

• The larger neutral Triangle began in 2000
• The last leg (wave-e) developed as a contracting Triangle
• The 2020 COVID "crash" represented wave-a of the smaller Triangle

Both the larger neutral Triangle (starting in 2000) and the smaller contracting Triangle (starting in 2020) are now complete.

This is not a casual observation. It is a structural conclusion based on the rules and logic of NEoWave.

What This Means for the Market

Consequently, the U.S. stock market is now entering what should become the most powerful bull market of the past 100 years.

Based on NEoWave structure, I expect the S&P 500 to quadruple in value over the next 10 years!

This will likely be the most powerful bull market of the past century, comparable in character and intensity to the Roaring Twenties.

Why Is This Different: NEoWave vs Traditional Elliott Wave Analysis

This forecast is not based on conventional interpretations of Elliott Wave Theory.

NEoWave is more objective and scientific, applying a deeper structural analysis and a more comprehensive understanding of market behavior.

The completion of a Triangle of this magnitude is rare. When it does occur, the market typically responds with a strong and sustained directional move.

That move has now begun.

The Opportunity Ahead

The most powerful portion of post-Triangle market action occurs early in the new trend.

In other words, the initial phase of this bull market may offer the greatest opportunity.

For those who want to follow this development closely and take advantage this emerging bull market, I provide ongoing analysis and trading guidance through NEoWave services:

• NEoWave Market Forecasting Services
  https://www.neowave.com/market-forecasting.asp
• Neely River Trading Services
  https://www.neowave.com/market-forecasting.asp

 

¹NEoWave Neutral Triangle: Neutral Triangles are a NEoWave discovery and are patterns in which wave-C is the longest in price (and usually time) of the three “trending” waves (waves a, c, or e) of the Triangle. Learn more about NEoWave Neutral Triangle

By Glenn Neely
Author of the book Mastering Elliott Wave (1990)
and the article The Future Course of the U.S. Stock Market - An Elliott Wave Viewpoint (1988)
Elliott Wave & NEoWave expert

Glenn Neely is a market forecaster and the founder of NEoWave, an advanced and highly structured evolution of Elliott Wave theory. With decades of research and real-world application, Glenn is known for bringing clarity, rules, and logical consistency to wave analysis. His work focuses on objective market forecasting, precise pattern identification, and disciplined decision-making, helping forecasters better understand market structure, probabilities, and timing.
www.NEoWave.com