Crash · S&P 500 Index (2024)
Replay 144 daily bars from March 21 to October 15, 2024, and navigate an 8.5% S&P 500 drawdown as yen carry trades unravel. You walk through each session, face 25 decision points (9 critical), and receive an AI coach review of your simulated choices.
144 daily bars · 25 decision points · 2024-03 to 2024-10 · Stocks
Key facts
This window spans 208 days with a peak-to-trough drawdown of 8.5% and a 18.0% run-up.
- Max drawdown
- −8.5%
- Max run-up
- +18.0%
- Duration
- 208 days
- Largest single-day move
- −3.0%
- Bars
- 144 Daily bars
- Decision points
- 25
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 S&P 500 entered March 2024 at a critical juncture. As global central banks navigated the final leg of their rate-hiking cycles, the unwinding of yen carry trades emerged as a systemic risk catalyst. The period from 2024-03-21 to 2024-10-15 captured 144 daily bars of market life—a stretch where policy uncertainty met crowded positioning. What was at stake was not merely index performance but the ability to manage a textbook "risk-off" episode driven by cross-asset contagion dynamics. Participants faced the challenge of distinguishing transient volatility spikes from regime shifts, all while navigating the psychological pressure of watching drawdowns materialize in real time.
Over these 144 trading sessions, the S&P 500 closed at 5241.53 on 2024-03-21 and finished at 5815.26 on 2024-10-15, delivering a net gain of 10.9%. The journey, however, was anything but linear—an 8.5% maximum drawdown tested conviction, while a largest single-bar move of 3.0% punctuated sessions with sharp reversals. Twenty-five decision points were embedded across this span, nine of which were flagged as critical. These inflection moments demanded participants choose between reducing exposure, holding steady, or adding positions—each carrying distinct risk-reward implications under evolving policy signals.
This replay sharpens several core competencies. First, it trains participants to calibrate position size against measured drawdown thresholds rather than intuition. Second, it forces confrontation with the asymmetry between short-term volatility events and long-term directional trends—a tension that separates reactive traders from systematic thinkers. Third, the nine critical junctures reveal how decision fatigue and loss aversion compound: the worst outcomes typically follow the moments when psychological discipline erodes most. Ultimately, the 2020s market environment demands participants who can execute process-driven strategies while remaining psychologically resilient through periods of sustained uncertainty.