Home > trading > 20 year look back on SPY (the market)

20 year look back on SPY (the market)


on the monthly chart the 2 massive drawdowns are technically similar on a superficial level, but looking closely you will see that the previous massive drawdown tested the bottom several times before steaming back north.  the fundamental economy also had not imploded in that one either whereas we are looking at a deconstruction of the very mechanism of routine busness right now

spymonthly20yr

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