- Entry
- $7,575.39
- Final
- $5,802.82 -23.4%
- Target
- —
- Score
- +1.00
TLDR: since the 1960s, there was only 1 time (out of 10) when SPX enters correction from ATH without going back down to near-correction price. Alright degenerates, I did some real homework. Went back to 1928 and looked at every time the S&P 500 hit a fresh all-time high, then dropped 10% or more — a classic “correction.” Here's the TL;DR: If SPX hits an ATH and then corrects -10%, but then bounces back up above that correction level, it …
— ORIGINAL POST ·
SPX DD: (Almost) Every Time SPX Hits Correction After ATH, It Comes Back Down Again
· r/wallstreetbets
· Mar 27, 2025