I have drawn a support line at the lowest points on the All ords...

I have drawn a support line at the lowest points on the All ords chart which apparently starts at 1875.

If this chart data & these lows are correct, then, it is possible the All ords may actually drop
to around 1,250 points.

I was previously predicting a fall to at least 3,000 points (GFC low), however, I now believe that the covid-19 will have much greater impact than the GFC or even the 1929 Depression.

Does anyone have any 100 year chart data on the All ords?

And does anyone else agree?

I know it seems quite an extreme prediction, however imo the chart at least gives an indication of what to expect.


(Chart from: Wikimedia)