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powerintegral

Similarities between recent market activities and september 1987

Short
S&P 500 Index (SP:SPX)  
powerintegral  
SP:SPX   S&P 500 Index
Chart Patterns crash 1987 S&P 500 (SPX500)
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chartpattern crash 1987 spx500
Is a market crash coming ? Rarely, in the last 30 years, have we had a US market price action (SP500) that similar to the days preceding the 1987 crash.

There is no certainty that history will repeat but it might useful to consider that it is at least a similar technical setup.

Time to be cautious on the long side, as long we don't make new highs.
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