Yeah a lot of similarities, but also realise the time frame is different between the 2 charts, i.e. the current pattern is unfolding 3 times the speed. The dow pattern bottomed in 1942, whereas the war finished 3 years later. The wars in Iraq and Afghanistan from what I can gather are currently being wound down, and hence could be a good fit. Perhaps today decisions get made 3 times as fast as they did 70 years ago.
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |