While this is certainly not the basis of my prediction of a new bear market drop coming in the S&P, Dow, and Russel (and possibly the NASDAQ) I can't help but notice similarities in price action in the S&P Cash Index just prior to the June 10-15 drop.
Inverted CBOE Total Put-to-Call ratio is shown at the bottom and its levels have been showing similarity to the bullish extremes exhibited back just prior and to June 8th - which by the way are both even higher than what the ratio was at the Feb all-time-highs in the S&P!
Elliot wave patterns, Sentiment, Volatility (VIX), and price action all seem to be flashing red flags.
Not to mention we are at all important resistance levels going back months.