Technology Sel SPDR Downtrend Replay (2000-07-17 to 2000-07-28)
Relive a -2.7% slide on the Technology Select SPDR across 30 daily bars from June to August 2000, navigating a 12.4% drawdown. Replay each session, face seven decision points including three critical ones, and receive an AI coach review of your simulated choices for educational insight.
30 daily bars · 7 decision points · 2000-06 to 2000-08 · Stocks
Key facts
This window spans 42 days with a peak-to-trough drawdown of 12.4% and a 8.7% run-up.
- Max drawdown
- −12.4%
- Max run-up
- +8.7%
- Duration
- 42 days
- Largest single-day move
- −3.7%
- Bars
- 30 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
In the summer of 2000, the Technology Select SPDR (XLK) entered a pronounced correction phase that tested the resolve of every market participant. The scenario unfolds across 30 daily bars spanning late June to early August, capturing a period when thedot-com frenzy was beginning to unravel. With the broader Nasdaq Composite already showing cracks, XLK's -2.7% decline over this window represented more than a simple price move; it signaled the early stages of a prolonged revaluation in the technology sector. Seven decision points are embedded within this replay, three of which the platform flags as critical junctions where positioning choices would have carried outsized consequences.
The price action tells a story of grinding volatility rather than a single dramatic collapse. From a closing level of 26.56 on the first bar, the ETF ultimately settled at 25.84, but the journey was far messier than the net change suggests. The maximum drawdown reached 12.4%, meaning anyone holding a static position at the start would have watched paper losses swell well beyond the headline figure. The largest single daily bar move of 3.7% underscores how fear and uncertainty can produce sudden acceleration on either side, punishing those who were caught flat-footed or who had overleveraged based on momentum alone.
This replay is designed to train decision-making under uncertainty, not to celebrate or mourn specific outcomes. The value lies in confronting seven moments where you must commit to a course of action with incomplete information, mirroring the genuine pressure of live markets. Participants learn to manage risk calibration, avoid anchoring to entry prices, and recognize that drawdowns are inevitable even in losing periods. By replaying this correction with a critical eye on process rather than outcome, traders develop the emotional discipline and analytical habits necessary to navigate future drawdowns with greater composure and clearer judgment.