I found a lot of similarity's between this crash and the 2008 financial crisis stock market crash.
Quick TA summary:
1. We have the same kind of downwards parallel channel
2. The chart of the 2022 crash so far fits pretty well into the 2008 crash, the chart of the 2008 crash fits pretty well into today's chart.
Quick Fundamental summary:
There are so many reasons...
Despite all the hype raised about fed printing 3.5 trillion USD during times of economic stimulus, the real amount of help to economy is much smaller - it is approximately 900 billion USD
The rest of "printed" money (2.6 trillion USD) is held at the Fed or traded on federal funds market by the recipients of the stimulus (key US financial institutions, who...