willworknow

Aussie Market Headed South For Some Time.

Short
INDEX:AORD   ALL ORDINARIES
0
Aussie market is leading the global crash along with some Asian markets (see my Hang Seng chart). Long term, waves A and C should be about equal. This is a typical relationship. My red trend lines are the same length, indicating a possible bottom. Wave A took about 32 months...wave C may take around the same. Wave C should be a 5-wave event.
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