XJO 0.16% 7,816.8 s&p/asx 200

XJO Weekend Charting and Chat - 09 Feb 2018, page-53

  1. 9,421 Posts.
    lightbulb Created with Sketch. 5133
    Yes - you are correct. Corrections usually last weeks.

    But - since the GFC - corrections have been different.

    Here's a snippet from "The Street"

    In terms of the scale and speed of the current drop, things don't actually look all that different than other post-2008 drawdowns:



    The latest S&P 500 drawdown is still not quite at the level of the pair of sharp corrections the market saw back in 2015.

    RB
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.