A couple of charts in last weekends Fin Rev, anyone else see them?
One shows the xao could get down to ~5650 and still hold the uptrend since 2003 (this also corresponds to around the 65 week ema).
The second uses the 87 crash point as a base, and works through two time regions, with the current fib ratios giving a base of 5000-5200, and still also maintain the bull market. Could be some very good buying ops soon?
1987 , page-23
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