These charts show timeframes in which the S&P 500's price fell more than -20% below the 500 day moving average.
Of these past 6 timeframes, the average was -33%. In today's terms that gives us a projected price range of 2079-3326 with 2800 as the -33% average.
From the current Oct 2022 low that's another -5% to -40% drop with an average of -20%
SPX_2022-10-16_12-42-15-1.png
SPX_2022-10-16_12-42-15-2.png
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