Massive dead cat bounce?

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Is stock market actually in massive dead cats bounce? I compared current situation to 1930's crash, and mapped the possible bottom. If we are in dead cat bounce, then the real bottom is way below current price.

٢٤ يوليو ٢٠٢٠

ملاحظة

Switch to monthly timeframe, and zoom out. When I see whole S&P chart, this scenario looks actually realistic, even though it sounds funny.

٢٤ يوليو ٢٠٢٠

ملاحظة

I actually don't believe in this scenario, the market is too strong for this to happen. Everything is possible though, let's see what happens.