62.5% probability bottom has passed and/or another 4-14% lower than prior bottom in a few months for the bottom.
37.5% probability heading a lot lower for at least another year to bottom.
25% probability bottom has passed. 75% probability it hasn't.
Bottom may have been the recent 1.3c or it could be in the 1.1c range in a few months & as bad as 0.7c range in a year.
I am leaning towards 1.3c being the bottom or 1.1c as the bottom along with a VIX40+ event in a few months. Both fit the ASX XTX chart support levels at around 1,800 (recent bottom) & 1,600 probable bottom in a few months.
Place your bets. LOL
In the meantime, market should rally for while.
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