1981-1982 Bear Market

Most notable about the 1981 through 1982 bear market was the - in retrospect - predictable cycles. On three occasions, separated by five month gaps, the S&P 500 was sold to about twelve percent below the 200 day exponential average before rallying back to the EMA.

Currently the SPX is working on the second (or third, depending on the framework) twelve percent move below the 200 day EMA.

Will the 1981-1982 Bear Market act as a model for the current bear?

1981-1982 Bear Market

2007-200? Bear Market