Gann45
20% is interesting.
2 cycles back in 1990 it fell 20% from the mid July high into mid October, 3 months. After a rally it did go lower into mid Jan making a neat 6 month correction.
1 cycle back in 1998 from the mid July high it fell 13%.
Based on todays high that gives approx. 4100 - 4500 for Oct and needs to be adjusted for for advances after today.
market crash coming, page-7
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| XJO (ASX) Chart |