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I researched, tested and “created” a modified version of the formula, so it gives the exact date of the 2002 bottom and 2007 top. Then, I discovered a formula to calculate the possible dates of the bear market bottom, next bull market top, interim peaks and troughs. The only issue is I can only confirm near the forecasted dates whether it will be a peak or trough, not in advance. I'm still doing research on this.
In the process, I discovered there is some “correlation” between this Cycle Model Formula 2 to Cycle Model Formula 1.
Aha...these might even give some clues as to why The Joseph Cycle failed to forecast the last bull market top, and the correct interpretation of 7 Bull Years and 7 Bear Years! Wonder if Mr Joseph Cycle know why he went wrong with his forecast written in the book The Joseph Cycle?
I'm amazed.
Bingo, if the formula works! That would be known as “TSK Stock Market Cycle Forecasting Model”, my proprietary creation! Wow!
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