Just so we use same language, term "Crash" is being used nowadays for drop of 20% or more in value of commodity or share.
Correction appears to mean 10 or more percent drop.
Anything less than 10% suppose to be just fluctuations, noise, drift, weakness, instability, uncertainty and buyers failing to return from lunch, just to mention a few.
So your easy analyst is forecasting drop in commodities, averaged out I suppose, across the board of more than 20%?
How soon? Next week? Next quarter? Year? What?
And the channels to be interpreted, are they the channels used for channeling of ghosts or ships use to navigate through?
These charts are very good at showing us where we have been. But not much much help to determine where we going IMO.
