Major Correction $DJI 2027Using previous dates of major market corrections to try and determine the next market correction (crash). Using major crashes I concluded the amount of bars it took from one correction to the next, and created a regression equation to conclude the next predicted market crash.
660/258 = 2.55
258/132 = 1.95
132/x = x
2.55
1.95
≈0.7647
1.95×0.7647≈1.49
132/x = 1.49
x≈88.59
x= 88 Bars +-1
= Monday May 3rd 2027
This is just an idea, does not hold much weight, just thought I would publish to keep a record of my idea.
appreciate any thoughts or comments.