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aipine

What has happened before will happen again.

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
aipine  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns
2
0
chartpattern
An interesting view of the past, this snapshot from late 2002 is eerily similar to what we are currently observing with SPY. Including a false breakout before a significant drop in value. Will we see a similar pattern play out in the coming weeks?

H/T @michaeljburry on Twitter.
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