The more I look at the charts, the scarier it gets

The larger the bubble, the greater the divergence from the moving averages.
When that happens, the drop in large timeframes, such as the weekly long-term moving average, becomes massive.
This current divergence is even larger than the crises seen in '22, '18, and '08.
What is particularly striking is how similar the chart looks to 2021.
In 2021, after the first week saw a 4% bearish candle, a much larger 7% bearish candle appeared the following week, causing the market to crash.
The most similar divergence is to 2018.
After a strong break below the 60-week moving average in the first week, the following week's bearish candle was even larger.
I thought it wouldn't hit the 120-week moving average, but it's filling that entire zone with bearish candles. However, it's currently around 8%.
If it reaches the 120-week moving average level, the index will undergo a massive 25% correction.
In other words, that would put it around the 4175 to 4200 level.
That's right—it's the "100,000 Samsung Electronics" line that couldn't be broken in the past.
I'm not saying it will definitely go there, but we could see it in a worst-case scenario.
shivers
Sigh...