IMHO although it has been a quick drop caused by the Corona-virus it has still only gone down to where it should have been, IE there is still room for correction before we get into the "dropping like a stone phase
The question now is if the leaders have enough brains to fix the problems, and the big stimulus package is just a final predictable infantile helicopter money desperation action
IE throw money at anything you can't, or are too lazy to fix The ASX graph View attachment 2046688