from Hacker News

S&P 500 Current Drawdown

by kamaraju on 4/18/25, 10:35 PM with 1 comments

  • by jpleger on 4/19/25, 12:24 AM

    This year, I started actively day trading S&P 500 because of all the volatility. Maybe its biased because I have been staring at charts more diligently than in the past, but IMHO you can almost feel the tension in the charts right now.

    2023/2024 would have small swings of like $2-$4, with $5-10 movements on a maybe 1 out of 20 days. Since Trump took office, it has been almost daily $6-$10 moves, with the rare day of only $3-$5.

    Its great for day trading, but I don't know how I feel about it in general. I almost feel like this is the oscillation before the car starts to shake itself apart.