IBEX 35 Uptrend Replay (2021-12-03 to 2022-02-10)
Replay a 96-day stretch of the IBEX 35 from October 2021 through March 2022, a period that ended -9.1% after a 16.7% drawdown. Step through each daily bar, face 11 decision points including 4 critical ones, and review your choices with an AI coach in simulated practice.
96 daily bars · 11 decision points · 2021-10 to 2022-03 · Stocks
Key facts
This window spans 137 days with a peak-to-trough drawdown of 16.7% and a 7.8% run-up.
- Max drawdown
- −16.7%
- Max run-up
- +7.8%
- Duration
- 137 days
- Largest single-day move
- −5.0%
- Bars
- 96 Daily bars
- Decision points
- 11
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
Spain's IBEX 35 index serves as the primary benchmark for the Madrid Stock Exchange, representing the country's forty largest listed companies across sectors from banking to telecommunications. This replay covers 96 daily bars from October 2021 through March 2022, a period when European markets faced mounting pressures from accelerating inflation, central bank policy uncertainty, and the lingering economic fallout from the pandemic. Participants entered a market environment where the trajectory remained genuinely uncertain, with the title framing it as an uptrend scenario despite the eventual outcome.
The index opened at 9057.7 and ultimately closed at 8236.1, delivering a -9.1% loss over the full data span. The journey proved more turbulent than the final number suggests, with a maximum drawdown of 16.7% testing portfolio resilience along the way. Single sessions could swing as much as 5.0%, creating moments of acute stress. Participants encountered 11 decision points throughout this stretch, with 4 designated as critical junctures demanding particularly careful judgment about position sizing and risk exposure.
This replay hones the ability to navigate environments where the prevailing narrative conflicts with price reality. Managing a declining position while others speak of strength requires disciplined process over optimistic outlook. The 16.7% drawdown underscores why position sizing and stop-loss discipline matter before entries, not after losses mount. Emotional control during sharp 5.0% single-day moves separates systematic traders from reactive ones. These lessons transfer across markets and timeframes: verify price action over commentary, size positions to survive maximum realistic drawdowns, and treat every rally as potentially the last before conditions shift.