Indices are repeating 1929 year with 90% drop from the peaks

Market crush in 1929 was in form of ABC correction (on DJI chart) with

• wave A correcting 50% of the peak price very sharply (within 2 months)
  
• wave B correcting about 50% of A (within 5 months)
  
• wave C equals to 1.2 extension of A, but it is 86% price drop from the peak of wave B (within 2 years)
  

Similar is happening now across all major indices. Next week we will see the fifth wave down with a target equivalent 50% price drop from February peaks. Remember that it is 5 wave structure, what leads to the idea that the correction is in form of a zig-zag. All 1929 year wave measures are very standard for zig-zag correction, therefore we have no reason not to expect 90% price drop from February peaks.