Putting the Current 2.6% SPX Pullback in Recent Historical Context

via Vix and More

Since the beginning of the current bull market – which bottomed at 666.79 exactly three years ago today – I have periodically been posting a table of the most significant pullbacks in the S&P 500 index since that March 2009 bottom. For the record, the current 2.6% decline over four days is barely enough to get it to qualify as one of those 16 pullbacks.

The data below incorporates intraday readings and use pullbacks from high water marks to the eventual trough as the basis for calculating the magnitude and duration of the pullbacks.

Read the rest here (and see the graph)