The first thing we learn about technical analysis is that it's based on three assumptions:
1. The market discounts everything.
2. Price moves in trends.
3. History tends to repeat itself.
If history repeats itself to a T, we may fall on long term support at 2800-3000 during a sideways trend. Following this assumption, we might expect the next bull run to begin sometime around the third quarter of this year (2019).