how much of an “opportunity” is this really? S&P is only 17% off its high (which rocketed during covid); and still 20% higher than precovid

considering that its still up 20 percent in the past 2 years, how much of an “opportunity” is this really?

I'm not saying if it is or isnt. I will start to dca into SPY soon, but is this really the opportunity that some posts claim it to be?

fyi, i dont know jack.