I see a lot of people looking at 2008 and pointing out similarities to these days but if you want to compare the current price action of the S&P500 to a prior crash scenario, I personally think, it is better to look at 2001 because this was the last time the S&P500 lost its weekly 200MA after it had provided support for several years like it is doing it these days since around 2011.
If you look at the price action of the S&P500 since 2009 you will notice that there are some pretty interesting similarties from 1974 to 1994 before the S&P lost its support by the weekly 200MA in 2001.
If the S&P500 does the same now and history repeats, there's a last major leg up till around 2028 before loosing the weekly 200MA again.
But thats's just pure technical projection for the fun of it and no financial advice!
If you look at the price action of the S&P500 since 2009 you will notice that there are some pretty interesting similarties from 1974 to 1994 before the S&P lost its support by the weekly 200MA in 2001.
If the S&P500 does the same now and history repeats, there's a last major leg up till around 2028 before loosing the weekly 200MA again.
But thats's just pure technical projection for the fun of it and no financial advice!