Historical Stock Market Bottoms: Charts And Patterns

1998 stock market bottom chart pattern

1999 – “Cowboy”

In 1999, a guy from Detroit said he “wanted to be a Cowboy”, which seemed a bit odd. Stocks were dealing with an odd fear about computers crashing at midnight on December 31. Many countertrend rallies were fully retraced before a final low was made and a stock market bottom formed.

1999 chart stock market bottoms

Sign up for our FREE newsletter
and receive our best trading ideas and research



2004 – “Are You Gonna Be My Girl?”

A band named Jet asked an age old question. Stocks were a mess, making three lower lows during an established daily downtrend.

2004 stock market bottom chart pattern

2005 – “Beverly Hills”

Weezer’s song about Jed Clampett’s stomping ground seemed to fit well with the still inflating housing bubble. Stocks found “a low” in March before making “the low” in April.

2005 stock market bottom chart pattern

2006 – “Crazy”

Gnarls Barkley had many of us sports fans wondering if things were amiss with the spell checkers. “Crazy” fit right in with housing prices. Rather than dropping for five minutes and then going on to make a new high (see 2013-2014), the S&P 500 followed a more traditional “bottoming process” path.