Last big correction in september from 4970.00 maximum to 2980.40 was 40.03%, earlier June to July big correction was from 3003 maximum to 1826.2 minimum (39.19%).
Now many people decided 5400.2 is the end of big correction, hovever it's only 31.64% from maximum 7899.9.
All big corrections in 2017 were in 32.71% to 55.88% range.
Think this time correction maybe in this range (no reason why it will be less this time).
Thus, from current maximum 7899.9 it may fall to 5315.84 or even to incredible 3485.43, when you probably will not even want to buy it anymore ;)
Now many people decided 5400.2 is the end of big correction, hovever it's only 31.64% from maximum 7899.9.
All big corrections in 2017 were in 32.71% to 55.88% range.
Think this time correction maybe in this range (no reason why it will be less this time).
Thus, from current maximum 7899.9 it may fall to 5315.84 or even to incredible 3485.43, when you probably will not even want to buy it anymore ;)
Komen:
I hope the price will between 4700-4900 for accurate LONG, but no one knows...