More than 150 years of back-tested data paints a clear picture of what may come next for Wall Street's major stock indexes.

Bears refused to budge Thursday, a day after markets staged a suspect rally attempt. The Dow Jones Industrial Average joined other major equity indexes to the downside in the first hour of trading on the stock market today.

The tech-heavy Nasdaq has fallen over 760 points since close on Friday, March 7, while S&P 500 has dipped over 198 points.

Doe Jones on Monday crashed 890.01 points or 2.08 per cent to close at 41,911.71. Nasdaq index lost 727.90 points or 4 per cent to close at 17,468.32 while S&P 500 index fell 155.64 points or 2.70 per cent to end at 5,

On March 10, the US stock market experienced a significant selloff, with the Nasdaq dropping 4% and the S&P 500 falling 2.7%, driven by fears of a trade war and economic slowdown linked to President Trump's trade policies.