The Mechanism behind the Bursting of Financial Bubbles and Market Crashes

This article proposes to deliver an algorithm to envisage the distribution of the critical points of bubbles, may it be a financial bubble or an asset bubble. The study comprehensively examines the use of Log periodic Power law in various articles from renowned authors from the first paper that was published by Didier Sornette in 1996 to the present day. The paper scrutinizes the prerogatives and robustness of the LPPL for large market falls and the anti-bubbles that build in a market. The LPPL fit has been attempted to fit into various crashes in different stock markets that were predicted previously to establish the smooth working of the model