TradingView
EBITDAtiger
Mar 19, 2021 1:41 PM

Rough estimates for 20% correction on the IXIC Short

US Composite IndexTVC

Description

Depending on where you call the start of the correction, the final 20% drop level is different.

From Peak (in blue) = 28,500
From recent low (in yellow)= 26,500
From recent floor (in red) = 25,000

When the TVC:US10Y hits 2%, the Nasdaq could see a 20% drop as they are the growthiest stocks with the most minimal dividends. DJI is the safest from the rise in rates with an average dividend yield of roughly 2.36%.

Comment

More