Wednesday, 26 August 2015

20% Correction expected by October


All major markets are down 10% or more since their HIGHS this summer.

Looking for a further 10% fall between now and mid October.

Market High Now Fall Target %

Germany12390 9997 19% 9000 27%

Japan20952 18376 12% 16000 24%

China5178 2927 43% 2400 54%

UK7122 5979 16% 5300 26%

India30002 25715 14% 22000 27%

USA SP5002134 1899 11% 1674 21%

1 comment:

  1. Interesting targets there. A bit scary though. A quick question, if I may. Do you have a target low in mind for the Dow?

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