At this rate, the S&P 500 will be down more than -14% in just 3 days by tomorrow.
That's only happened during the 1987 crash & Great Depression before:
Today could be the 2nd day in a row where the S&P 500 fell more than -4.5%
This has only happened during some of the worst crashes before.
Here's what the S&P 500 did next:
The S&P 500 hit an all-time high in February, then fell over -5% in March.
Rare for stocks to fall this much from a 1-year high.
Historically, the S&P was up 87% of the time 3 months later and 100% of the time 6-12 months later.
Strong breadth!
We've just seen 2 consecutive days where over 90% of S&P 500 stocks advanced.
Historically, the S&P was Up 100% of the time 2 months later
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