AFP,
Ummm... Aahh... I think you're a bit bullish!!!
My interpretation of a correction is that it implies a low in the midst of an ongoing trend... and I include the 1932 low in that definition.
I posted a simple concept with similar timing for low of around 2022 but I would consider that to be an intermediate term low... As far as I can tell this bear will be anything from 50 years (20 down, 10 up, 20 down type thing) to permanent.
Not saying there won't be a few rallies along the way though.
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |