MONTHLY DATA of S&P500 corrections of

    Here are some stats on the S&P500 on a monthly ...

    Posted by bk1976 on 29th of Feb 2020 at 10:16 pm

     

    MONTHLY DATA of S&P500 corrections of greater than 10% in a 1 or 2 month time frame that started in an uptrend.








    Year of Market Top Top Bottom Point loss Correction in % MONTHLY Lower BB at the TOP Market TOP compared to the lower BB at the TOP in % of correction Error of the Lower BB as a target for a bottom. Negative # means the BB was too low by this % or positive # being too high. The average error was -5%.
    1987 337 216 121 -35 198 -41 -6
    1990 369 294 75 -20 282 -23 -3
    1998 1190 923 267 -22 686 -42 -20
    2000 1553 1340 213 -13 1013 -34 -20
    2000 1530 763 767 -50 1232 -19 31
    2007 1576 666 910 -57 1221 -45 12
    2010 1219 1010 209 -17 738 -39 -21
    2011 1356 1070 286 -21 957 -29 -8
    2012 1422 1266 156 -11 1088 -23 -12
    2015 2134 1808 326 -15 1775 -16 -1
    2018 2872 2553 319 -11 1986 -30 -19
    2018 2940 2346 594 -20 2271 -22 -2
    2020 3393 2855 538 -16 2553 -25








    Bollinger Band 20:2=BB






    2020 data based on 2/28 close






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