What is an 'average' market pullback

The market is trying to find a bottom, is Monday it?

Schwab, Goldman and a few other investment banks have all started putting on charts about what the vix needs to hit to be considered a ‘washout’ and what the average S&P 500 drawdown during each year, and pretty much any other topic to kinda sorta state that we’re close to a bottom and you should buy.

The above chart is from Schwab, and I find it intere…