I am slow sometimes.
Last year I wanted June 20 as the high after I saw the March lows and that would have indicated an August 16 crash low last year.
If I just say 99 days up and 155 across and 55/6 down is normal crash behaviour then that was my thinking.
So although the mini crash occurred I was put off by not seeing that June high.
I didn't seem to get that high date until I just found this chart.
Well, 392 days or one Armstrong leg down was July 16 this year and most markets had their lows one day earlier.
Remember own 2002/3 decline was also 392 days.
That makes that low very important now.![]()
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