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.
Thx for your interesting idea! I very much like historical comparisions! (BTW, I personally have experienced this event.) I personally see the difference to 1987 that today, there has been a very strong and immediate recovery ("Extended V-bottom") of already more than 0,618 of the last downswing. Thanks again!