This is an SPX Chart that outlines historical trends and explain what could happen if SPX is consistent in its behavior during a crisis.
To be able to predict the future one has to study the past.
During the 2000 Internet Bubble & 2007 Financial Crisis S&P 500 shed about 50% of it's Value (in both ...
Bearish SPY monthly Chart, all time high, 190 level by Feb. 2016. Looking at the chart Sept. 2015 Candle closing below EMA indicating the start of a down trend... Re-considered your position if you are all in calls.