CAC 40 Downtrend Replay (2004-06-28 to 2004-08-13)
Step into a French CAC 40 correction with a 7.6% drawdown replayed across 70 daily bars from June to September 2004. You make calls at 11 decision points, then receive an AI coach review of your simulated trading reasoning.
70 daily bars · 11 decision points · 2004-06 to 2004-09 · Stocks
Key facts
This window spans 97 days with a peak-to-trough drawdown of 7.6% and a 5.7% run-up.
- Max drawdown
- −7.6%
- Max run-up
- +5.7%
- Duration
- 97 days
- Largest single-day move
- −2.6%
- Bars
- 70 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
In the summer of 2004, the French CAC 40 index entered a correction phase that tested the resolve of market participants across Europe. The period from late June through mid-August presented a classic downturn scenario within the broader 2000s bull market context, where the index moved from relative strength into a more defensive posture. For traders and investors operating in European equities, this represented a period of heightened uncertainty requiring careful position management and risk assessment.
The data reveals a meaningful pullback: across 70 daily bars spanning from June 2 to September 7, 2004, the CAC 40 closed the period marginally higher at 3682.14 versus the opening 3646.23, a modest 1.0% gain that obscures the turbulence in between. The maximum drawdown reached 7.6%, and the largest single trading day saw a 2.6% swing. This combination of a shallow net outcome against substantial intermediate volatility creates a demanding decision environment where timing and conviction were severely tested.
This replay places you at 11 decision points, including 4 critical junctures, forcing explicit choices about entry, exit, and position sizing amid declining prices. The scenario trains traders to distinguish between temporary dislocations and structural trend changes, to manage drawdown risk without exiting too early, and to maintain psychological discipline when headlines turn bearish. Success here is not measured by predicting the bottom but by applying consistent process and risk discipline through uncertainty.
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