IBEX 35 Downtrend Replay (2020-07-06 to 2020-07-31)
Replay a real 40-day IBEX 35 stretch from 2020-06-19 to 2020-08-13 featuring a 9.0% drawdown. Step through each daily bar, face 7 decision points, and receive an AI coach review of your risk responses in simulated capital.
40 daily bars · 7 decision points · 2020-06 to 2020-08 · Stocks
Key facts
This window spans 55 days with a peak-to-trough drawdown of 9.0% and a 6.1% run-up.
- Max drawdown
- −9.0%
- Max run-up
- +6.1%
- Duration
- 55 days
- Largest single-day move
- +3.8%
- Bars
- 40 Daily bars
- Decision points
- 7
Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology
The market advances day by day. You only see candles up to the current day — as if you were really there.
At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.
After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.
Event Replay
What happened — and what it teaches
The Spanish IBEX 35 entered a volatile summer stretch in mid-2020. Markets were navigating unprecedented post-pandemic uncertainty, with investors weighing economic reopening optimism against lingering structural risks. This 40-day window from June 19 to August 13 captured a genuine correction episode where directional conviction was repeatedly tested. Players entering this replay step into a market where the trend was visibly weakening but the ultimate depth of the pullback remained uncertain.
The index closed the period at 7250.5, down from its 7414.2 opening—a modest -2.2% net decline over the full span. Yet this headline number masked a more turbulent internal journey, with the market experiencing a maximum drawdown of 9.0%. The largest single trading day delivered a 3.8% swing, illustrating how quickly sentiment could reverse. Across the 40 daily bars, participants encountered 7 distinct decision points, 3 of which were flagged as critical junctures where positioning choices carried heightened consequence.
This replay sharpens the ability to distinguish between noise and signal during correction phases. Facing 7 decision points forces deliberate engagement with position sizing, stop-loss discipline, and conviction calibration. The three critical moments serve as pressure tests for emotional regulation—when to hold, when to reduce, when to stand aside. Mastery here lies not in predicting the next 9.0% drawdown but in having a repeatable process that survives one. The psychological dimension is central: correction markets reward patience and penalize reactive trading.