NYSE Composite Crash & Recovery Projection
Taking the last 4 major corrections since 2000 averages for both % decline and length to recover to previous level gives a benchmark to consider relative to the current situation.
- % decline 39.38%
- length of time to recover 1,172 days
So
NYA on average well bottom around 10.8k and recover mid-March 2025
Aligning relatively close to the current 200 EMA while taking about 2 yrs for full recovery.
- % decline 39.38%
- length of time to recover 1,172 days
So
NYA on average well bottom around 10.8k and recover mid-March 2025Aligning relatively close to the current 200 EMA while taking about 2 yrs for full recovery.
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