https://preview.redd.it/84pf0bjue0u91.jpg?auto=webp&s=a20f58d20a456c62b482c9ddf564e76a61752bcf
Corrected 2008 vs 2022 SPX Chart
View Reddit by mYHCAEL4 – View Source
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I can’t believe ppl think there’s a cheat sheet to the market lol
A nuke from putin nd spx goes back to where it was born
What’s 2008 do in Nov?
I see… There are some wiggly lines… and the black one is higher than the grey one… interesting. This must mean that the Jade-Monkey is in the glove compartement!
Show the dang future!
Yay, we found the bottom …. so far 
Too many dumb apes are taking that Mott Capital SPX chart at face value. I simplified it for you degens. Here is the percent change of the S&P 500 from 4/19/2006 – 7/25/2008 overlaid on the current time period starting 7/8/2020. Same dates as the chart circulating for the last few weeks.
TLDR; the y axis fucking matters.
Edit: [This chart](https://www.reddit.com/r/wallstreetbets/comments/y4lvyk/spy_2008_vs_2022_as_of_10152022/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) is what I am debunking. This isn’t TA, it’s just non-manipulated data for a change.
Fuck you, what happens next in the 2008 chart?
Calls or puts?!
CALLS OR PUTS?!
Is this the bottom
So when up?
What I see is 2022 mounting the 2008 market like a fucking chad.
Yes they all have the same corrective structures. We are not in a crashing structure like 2008/2009. We have till at least the end of year to see if that structure is the same or different.
So what I’m getting from this is Jamie Diamond is probably right and we have at least another 20-30% left to go down. Aka the big guys are now basically in line with what Burry has been saying for a while now.
Go Phillies!!!
You could buy in now and look like a genius if everything gets back to normal tomorrow, but theres just so much uncertainty whilst Putin is fighting Ukraine. Until that’s over, I fear, the markets won’t recover.
Cramer said to get out of stocks, so I think Im getting me some 6 month SPY calls and catch the train to the rocket site.
So is the implication here that because the charts look similar across the same timeframe the bear market is over? Does the fact that you’re looking at a ~30% difference in price extension over the time period not matter? Lol
Problem is this time we have massive inflation and the fed is tightening rates and it’s balance sheet.
You need a goddamn 2nd x-axis label for 2008.
Amateur hour. Bush Leauge. Bullshit
History is a good reference point but future cannot be predicted
Market started falling before they even hiked rates also. I have a feeling it’s baked in and we are very close if not already at the bottom.
Our parents generation fucked us
Irrilevant…
Wow they both went up and then back down! What a crazy correlation
So put? No call ? No wait, it is put! Ok may be call? It is put call then!
Does this mean that we have until March to raise cash?
They both go up a bit then down again.
Same shit
bears breathing hopium, its like showing vw graph. “we are here, keep shorting”
I have seen this graph 3587 times, Is there any waiting list to post this analysis or i can post it whenever i want?
Naw I want to see this on tracing paper.
You know, just how you did the slip-slide-match.
But on tracing paper.
Just because.
Can someone link to the excel spreadsheet that has the data? Wanna do some more analysis 🙂
Soooooooooooo……Short the Real Estate market?
I for one unironically think we are close to a bottom
I’m usually smart but am having issues with this chart. It looks as though the sell off has already ended?
It lOoKs ExAcXtLy ThW sAmE!!?
Regarded chart
Why did you pick them black and gray out of all colors?
Imagine cutting the chart there
if theres a system that is working on trading I bet you they are not telling it.