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Which part of history will DJIA repeat?

Depending on one’s worldview, this glass maybe half full or half empty. If Dow Jones Industrial Average is merely doing a healthy correction like any one of those between 2010 – present, the lowest it will go is a 20% retracement or a 20% discount from the top to entice one to buy something.

DJIA corrections between 2010 - 2015

DJIA corrections between 2010 – 2015

If DJIA is going to crash like the collapse of the Tech Bubble and the Subprime Crisis, then history tells us that nothing less than 40% off the top will do.

2 periods of major DJIA corrections: Tech Bubble (2000) and Subprime Crisis (2007)

2 periods of major DJIA corrections: Tech Bubble (2000) and Subprime Crisis (2007)

Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’.

“Dear reader, I do not have a financial license to give advice. I do not know you the reader. Your financial objective and risk tolerance may be different from mine. I am not responsible for any consequence of your action.

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