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DylTrig

Aussie stock market - ABCD

S&P/ASX 200 Index (ASX:XJO)  
DylTrig Updated   
ASX:XJO   S&P/ASX 200 Index
Trend Analysis Chart Patterns Technical Indicators S&P/ASX 200 aussie stocktrading
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trendanalysis chartpattern indicator xjo aussie stocktrading
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


Comment:
1st target reached- 10th March 2020
Comment:
2nd target reached - 12th March 2020
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