SPX 9 years crash, never will end in 3 months 2008 CRASH PATTERN

14 ביוני 2020

As we can see the same behavior chart 2020 and 2008, we can see a similar period of time inside the red square. But because of the COVID we see a very more aggressive volatility because of it extremely hard impact in the economy.... As we can see in 2008 we are in just the beginning of the crisis, as in 2008 was more than 1 year to button and much more longer to recovery as 2-3 years after the button. As in the comparative chart we can see the same behavior.

The blue line make it easier to se the pattern.

Please comment what you think.

Thanks