S&P/BMV IPC Uptrend Replay (1997-11-12 to 1997-12-31)
Mexico's IPC index slid from 5312.6 to 4542.9 across 66 daily bars ending January 1998, a 14.5% decline. Step through each trading day, navigate 11 decision points, and receive AI coach feedback on your simulated choices.
66 daily bars · 11 decision points · 1997-10 to 1998-01 · Stocks
Key facts
This window spans 95 days with a peak-to-trough drawdown of 20.6% and a 22.6% run-up.
- Max drawdown
- −20.6%
- Max run-up
- +22.6%
- Duration
- 95 days
- Largest single-day move
- −13.3%
- Bars
- 66 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
The Mexican IPC enters this replay in late October 1997 at 5312.6, riding the optimism that followed the peso's stabilization and a wave of foreign inflows into Latin American equities. The replay window stretches from mid-November 1997 through year-end, a period when global risk appetite was being tested by the Asian financial crisis and emerging-market volatility. Stakes were unusually high: Mexican equities had become a benchmark for emerging-market sentiment, and any reversal would ripple across regional funds and peso-denominated portfolios. Eleven decision points, four of them flagged as critical, give the trainee room to express a view on momentum, macro shocks, and year-end positioning.
What unfolds is a sobering decline. Across 66 daily bars the IPC moves from 5312.6 to 4542.9, a drop of 14.5%. The path was far from orderly: at one point drawdowns reach 20.6%, and the largest single-bar move clocks in at 13.3%, hinting at gap-down sessions driven by external news. Trainees who leaned on trend-following into early November would have been forced to reassess quickly, while those who tried to catch falling knives in late November faced the deepest part of the drawdown. The lesson is that an index can spend weeks grinding sideways before a single violent bar resets the narrative.
For decision training, the value lies less in predicting the bottom and more in rehearsing process under stress. Critical decision points force choices on position sizing, stop placement, and whether to act on a 13.3% single-bar move versus treat it as noise. Psychology matters as much as analysis: the temptation to wait out drawdowns, or to chase rebounds, is exactly what the replay is designed to surface. By stepping through each bar and recording the rationale, trainees build a documented track record of how they respond to volatility, drawdowns, and the discipline of holding to a pre-set plan when the market moves against them.