Lessons From One Year Ago
One year ago today, one of the fastest and most profound market crashes found its bottom. From start to finish global markets lost about 35% of their value in just 30 days. This chart shows the S&P 500 before and after. Today, this moment is enshrined in market history. In the comments below, please share what you learned from this historic moment in markets. What did you learn? Did you make any memorable trades or investments? What was your best trade or worst trade? How did you plan around the volatility? We look forward to reading everyone's thoughts and we hope others can learn from it. ✍️ The chart used in this idea is a daily candlestick chart of the S&P 500 SPX. The yellow line is a 50-day moving average. We used the Price Range drawing tool to show the -35% drop from start to finish during the COVID-19 panic. The white bars at the bottom of the chart are a Rate of Change calculation. They show the daily rate of changes (in percent terms). This helps visual spurts of volatility. Remember, as a member of TradingView you can access these same tools and features. We look forward to reading the comments below.
Lessons From One Year Ago
One year ago today, one of the fastest and most profound market crashes found its bottom. From start to finish global markets lost about 35% of their value in just 30 days. This chart shows the S&P 500 before and after.
Today, this moment is enshrined in market history.
In the comments below, please share what you learned from this historic moment in markets. What did you learn? Did you make any memorable trades or investments? What was your best trade or worst trade? How did you plan around the volatility? We look forward to reading everyone's thoughts and we hope others can learn from it. ✍️
The chart used in this idea is a daily candlestick chart of the S&P 500 SPX . The yellow line is a 50-day moving average. We used the Price Range drawing tool to show the -35% drop from start to finish during the COVID-19 panic. The white bars at the bottom of the chart are a Rate of Change calculation. They show the daily rate of changes (in percent terms). This helps visual spurts of volatility . Remember, as a member of TradingView you can access these same tools and features.
We look forward to reading the comments below.