SPX Bull Market, Bear market and Corrections Since 1929

This script show visually with labels all the BULL & BEAR Market since 1929 with intermediary corrections.

Bear Market = Price drop of >=20% (based on closing price not intra day low)
Corrections = Price drop of >=10% and < 20% (based on closing price not intra day low, in intraday price it may go beyond 20% but closes in less than 20% )

The script doesn't update as we move forward , I need to manually update during every correction/bull/bear phases.

It is a good visual to study the past bull and bear market to gain some key insights!