PSEi topped at 8,136.97 last April 7, 2015.
After 2 months, on June 9, 2015, the first down leg was 7,272.36, an 864.61 decline.
And then after 2 months again, on August 25, 2015, the 2nd down leg was 6,603.19, a 669.15 decline.
The 3rd down leg happened 5 months after on January 21, 2016 with 518.91 decline at 6,084.28.
In the coming months and a year or two from now, I am projecting that the three remaining down legs will be completed. I just don't know exactly when will this happen. I am anticipating the following drop:
4th down leg - 5,400
5th down leg - 4,800
6th down leg - 4,200
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