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I drew 2 trend lines that start in 2008 and 2011. Spy fell exactly to the trendline from 2011 and when we look close the behaviour between 2011 and recent decline is very similar. Rise of Volume, BB% in extreme -0,69 and Indicator which tracks market bottoms created by Lazy Bear is behaving very similar to 2011. Santa Claus rally is waiting and it seems most...
All major firms listed in index SP 500 with market capitalization GREATER than 200 billions USD are showed in the chart. Red area represents the tops of all of them. We see, that most of them created top at the same time and now jumped into bear market. These basket of shares do the biggest movement with the entire index. If it moves down, index moves down.
