
$SPY As I said 3 years ago.. History doesn't always repeat.. but it often rhymes in 2023.. I put together a compelling thread about how 2011 and 2022 were very similar Once in a life time crash -> 2 year rally - > multi month bear market(2011/2022) -> Possible historical bull market follows. that thread was spot on. Just a look back at the 2011 fractal compared to now. The similarities are still insanely similar. Especially when you look at 2014 V shape recovery to ATH that was then followed by multiple months of low volatility in the form of a rising wedge..