Two questions I had: how low will this go? I have no idea, so I used Burry's tweet suggestion. how many years will it take to recover SPY to the current level? I have no idea, so stretched out the pattern based on Burry's tweet suggestion. I still suck at charting, so don't use this. I actually thought we had one more last bounce, but looks like it's already...
I still suck at charting, so don't use this. I actually thought we had one more last bounce, but looks like it's already dropping already. For this chart: I took a bigger picture view (curious how long it took for 2008 crash to recover to the same level as current pattern. Biggest assumption here is using Burry's recent tweet, which said something about Nadir...
Still new to charting SPY 2008 pattern Calculating Swing