S&P and Manufacturing index

TVC:SPX   S&P 500 Index
The Manufacturing Index has not been this low since 2009. Currently seeing the same setup leading to the 2008 market crash, with manufacturing index touching the top and bottom white lines I drew. It's a bearish divergence with S&P index going up and manufacturing index going down.
This is a great chart and owning a manufacturing company we're now feeling it. Went short 25% yesterday
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