The ASX 200 enters a technical correction

SERGEI ILNITSKY/AFP/Getty Images

At the end of August, the ASX 200 was sitting at 6,374, the highest level in over a decade. Now, it sits at just 5,710, a decline of 10.4% in just 40 trading sessions.

As such, it’s now entered a technical correction for the first time since early 2016.

Here’s a look:

Thomson ReutersASX 200 Daily Chart

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