- Median length of 12 weeks, mean duration of 12.4 weeks, minimum duration of 10 weeks, maximum duration of 16 weeks.
- 4 up weeks in a row is common. 6 has been a typical maximum. One was 7 weeks (2011). The current uptrend has completed 6 weeks.
- Within an uptrend, it is common to have 2-4 red weeks. Overall, about 70-80% are up weeks.
Importantly, after a long uptrend up more than 5 weeks, the down week is usually minor (within the low of the prior week) and there is always a higher high ahead. Strong trends do not end after a long streak of up weeks.
This first chart shows the 8 discrete uptrends of 10-16 weeks in duration since March 2009.
This second chart shows (in light green) the sequential number of up weeks; only one was 7 weeks long, most were about 4-5 weeks.