With that Long Term SP500 tendencial lines in Log mode graph we could see clearly the possibility to see SP500 in -60 % respect ATH price.
In this graph we can see also another 2 importants tendencial lines, the pivot point will be defined depending the strenght of the bearish movement
In this graph we can see also another 2 importants tendencial lines, the pivot point will be defined depending the strenght of the bearish movement