Technology Sel SPDR Downtrend Replay (2011-02-17 to 2011-03-16)
Replay the XLK downtrend of early 2011, when the technology ETF slipped from 13.26 to 13 across 38 daily bars with an 8.7% drawdown. Step through each session, face 7 decision points including 3 critical ones, and receive an AI coach review of your simulated choices.
38 daily bars · 7 decision points · 2011-02 to 2011-03 · Stocks
Key facts
This window spans 54 days with a peak-to-trough drawdown of 8.7% and a 5.3% run-up.
- Max drawdown
- −8.7%
- Max run-up
- +5.3%
- Duration
- 54 days
- Largest single-day move
- −2.5%
- Bars
- 38 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 early 2011 technology sector faced mounting headwinds as investors rotated away from high-growth names following the preceding year's strong rally. Technology Select SPDR (XLK) entered this period as a proxy for the sector's performance, with participants weighing whether gains had run their course. The replay spans 38 daily bars from February to late March, placing traders in the mindset of that moment when sentiment was shifting but the scale of the correction remained uncertain.
XLK drifted from 13.26 to 13 over the data span, representing a -2.0% decline that on the surface appears modest. Yet the journey told a different story: an 8.7% max drawdown revealed the intraday and interday volatility traders actually navigated. The largest single-bar move of 2.5% underscores how a few volatile sessions can dramatically alter risk exposure. This gap between headline percentage and actual experienced volatility is a critical distinction for any practitioner studying historical episodes.
Seven decision points punctuate this replay, three deemed critical when directional conviction was most tested. Participants must confront classic dilemmas: when does a pullback become a reversal? How does one size positions amid rising uncertainty? The scenario rewards those who separate process from outcome, recognizing that sound decisions can coincide with unfavorable results and vice versa. Volatility, as demonstrated here, is not merely a metric but a psychological crucible that separates disciplined risk managers from reactive traders.