Rough estimates for 20% correction on the IXIC
Updated
Depending on where you call the start of the correction, the final 20% drop level is different.
From Peak (in blue) = 28,500
From recent low (in yellow)= 26,500
From recent floor (in red) = 25,000
When the
US10Y hits 2%, the Nasdaq could see a 20% drop as they are the growthiest stocks with the most minimal dividends. DJI is the safest from the rise in rates with an average dividend yield of roughly 2.36%.
From Peak (in blue) = 28,500
From recent low (in yellow)= 26,500
From recent floor (in red) = 25,000
When the
US10Y hits 2%, the Nasdaq could see a 20% drop as they are the growthiest stocks with the most minimal dividends. DJI is the safest from the rise in rates with an average dividend yield of roughly 2.36%. Comment
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