We are overdue for a bounce. Agree or disagree?

We are almost at the 200 week moving average on both the SPY ($350) and QQQ ($263).

The only time either has been below the 200wma was 2008-2009 housing crash, and 2020 covid.

Otherwise, the charts have bounced from this moving average.

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Are current conditions calling for 2008 and 2020-like disaster?