Here's an update of my long-term chart of the Nikkei 225, which has rallied above the 10,000 level since mid-November of last year. The chart below gives a close-up view of the cyclical rallies and their duration during Japan's secular bear market, now in its 21st year.
Click to enlarge
I've been posting weekly updates of a mega-bear market charts (here and here) that include Japan's Nikkei 225. In addition, every few months I update an inflation-adjusted overlay of the Nikkei 225 and S&P 500 bubbles.
The table below documents the advances and declines and the elapsed time for each cycle.