Hmm..... SP500 30% drop from ATH. Results of looking at when market closed below weekly MA dating back to the last pandemic to find best match. Note: one MACD based on close & the other on 100 MA. NOT ADVICE, DYOR.
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Warning; The drop in 1962 was just over 40%, and not what is displayed above.
Trading View tool didn't calculate it properly. Don't know why.
Will try and redo and see if can get the tool to work properly - check it out for yourselves. See if it works on your account.
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Drop of 21.29 from 72.64 = -29.31% period Don't know how Trading View gave me two different calculations. Therefore, I'm sticking with original tweet of a 30% drop.
If somebody gets a different figure post it here with how calculated.
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Here is explanation about confusion mentioned above about whether 30% or 40% drop using Trading View tool (Arrow)