antrap77

1929 vs 2020...History repeating? Peak on August 11th 2020

Short
SP:SPX   S&P 500 Index
Comparison between 1929 crash and 2020 crash by matching the respective first lows (November 13th 1929 and March 22nd 2020).

1929 and 2020 data have been normalized before superimposing the charts...therefore increase or decrease are perfectly comparable
Apparently even without FED intervention back then the reaction was very much the same on the way up...FOMO FOMO FOMO

If history repeats itself ... we will see very soon!

Cheers


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