No crash will occur. If you check out history, they fall 56 trading days after a market top - and you can almost lay 1929 on 1987 on Japan 1990. The effective market top was a year ago.
Still, things can slide pretty hard in any bear. The market goes where it wills, and all crashes do is speed up the process.
The head and shoulders target for the XAO is 3040 or so, which may be a temporary turning point (though overshoots are common. In the medium term, we have an Elliott primary wave target of about 2500-2600.
