The chart shows how the market did during each presidential term. It shows how volatile the last 4 years were. It will likely retrace back to the 300ish area around September (if it follows previous trends) then back up. It will likely get to 400ish prior to then. The downtrends usually last a couple of years. Even with that if it follows past trends during Biden's term it should gain 200%ish. This is all just looking at dates and charts. It's not meant to be political.