DylTrig

Aussie stock market - ABCD

ASX:XJO   S&P/ASX 200 Index
ABCD correction of doom.

I will be looking to enter a SHORT position at the upper trend-line channel resistance between FEB-APRIL 2020.

Why FEB-APRIL 2020?

The duration to get from A-C gives us the answer....

If: A to C = 0.618 (2,191 days)
then: B to D = 1.272 (4,509 days)

The above calculation gives us D's position on approx. - 9 March 2020


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