Seven numbers to keep in Mind

1. 4238, the all time High on the S&P in 2021..

2. 2558, the value of the S&P using long term average P/E multiples..

3. 3842, the average price of the S&P short position using our long term pricing model (position built between August 27, 2020 and May 10, 2021)..

Using the 1987 pricing scenario which looks to me to be the best correlation fit at the moment, 4 more numbers..

4. 31, the number of trading days between the high and when the 50 day moving average turned down (which in the 2021 market would occur around June 21)

5. 6.7 %, the percentage decline between when the high was made and when the 50 day average turned down. (which in the 2021 market would be a price of 3954)

6. 8, the number of days between when the 50 day average turned down and when the bottom was hit. (which in the 2021 market would occur on July 1).

7. 35.8 %, the percentage decline between the high and low. (which in the 2021 market would be a price of 2721).