are we repeating 1987 and going to 4000 on S&P?

Though the correction and market reaction was expected for macro economic conditions, did not anticipate such severe and sharper decline. This doesn't mimic regualr circumstances like healthy and organic correction, rather it mimic covid and 1987 flash crash.

I started to feel now we may repeat 1987 thus may see more downtrend next week or two and slowly world comes to adjust to new conditions and prepare. This could be slow recovery thereafter hardly touching 5100 on S&P by Christmas