I have recently seen a few analyst on YouTube and other outlets, comparing the Market moves of today to the 1920's and the Great Depression. The chart similarities are uncanny (Scary). If price action plays out like the 1929 Market Crash, the market participants could be in a long ride downward. The chart below is the pattern these analyst are speaking about.

1. DOW JONES - Modern Day - Notice the Pattern and the price action after the 2007-08 crash, bottoming out in 2009, forming a V-Shape recovery. But notice the explosion once the 2007 top was broken, resulting into huge run up, topping out in January 2022.

2. S&P 500 - Modern Day - Notice the same pattern is being played out.

3. DOW JONES 1920's - Notice the pattern that lead up to the 1929 Market Crash, ushering in the Great Depression. It's the same pattern.

4. DOW JONES 1920's & Beyond - It took 1003 days (2.746 Yrs.) for price action to reach bottom, and took another 9221 days (25.246 Yrs.) to break the 1929 top.

5. DOW JONES 1920's & Beyond - (LOG Chart) - Notice the price action once the 1929 top was broken. Price action exploded upward and has been rising ever since. 

6. DOW JONES 1920's - No One Is Asking -They say history never repeats, but it rhymes. In other words, similar events tend to happen throughout history. If the Modern Day price action plays out like it did in the early 20th Century, we must ask an important question, what factors brought us out of the Great Depression?

The answer - It was a number of factors. Government policies, and WAR.

7. DOW JONES - Modern Day - The Big Questions - Will History Rhyme? Is that where we are headed? Will our generation be tempered by WAR? It brought us out of a Great Depression once, if true, will our leaders look upon World War 2 as a blue print (strategy) to fend off another Great Depression? 

The consequences could be mind numbing.

These are important questions to ask. They have the potential to disrupt the wellbeing of our lives. 

As off now, there isn't enough printed price action to determine if similar patterns will play out. For all I know, the 1929 pattern never plays out, and the current bear market is nothing more that a tiny blimp on the charts. Even if history does rhyme, its not all doom and gloom, like the experts says, over time, price action always goes up. Since the bottom of 1932, price action has risen over 93334% in 90 years.