S&P major historical retracement coming

If you use the bars pattern to cut out the 2008 crash and paste it onto the current S&P500 chart, it looks like this. So far it's been tracking very similarly and given the current macro situation of war, Fed QT and rate hikes, plus major shortages in almost every country. RIP bull market 2009-2022.
S&P 500 (SPX500)Trend Analysis

Penafian