Is SPY behaving identically to what happened in November 1973?

Güncellendi
Ok hear me out, I believe that today's price action in the year 2023 is eerily similar to what has happened in November 1973. I am not saying that is what will happen today but I can't shake the feeling that this is what will likely happen.
Not
Today's price action in the year 2023

anlık görüntü
Not
After the triangle broke in 1973 a massive 40% drop ensued.

anlık görüntü
Not
The same 40% drop today would take us to the monthly 200sma

anlık görüntü
1973Chart PatternscrashTechnical IndicatorsofTrend Analysis

Feragatname