How long could the bear market last?

The chart shown is a monthly chart, the indicator is a momentum indicator (based of studies by John Carter).

And by the looks of it, the number of bars indicating 10 months until September 2024 which was the peak, could give us the clue that for the momentum wave to die down, we could assume another 10 bars.

Of which we have completed 4 bars or 4 months, so there's another 6 months left – bringing us to June 2025 before the markets find a base.

AND, if the indicator triggers those orange dots, which is a pickup in momentum before the directional release – then we can only decide then which direction the market is going from there.

In short, be prepared for more downside. Even if you see a short uptick in the near term.