Above the red circles represent a pattern that is looking very similar to 2008. First it broke it's 2008 trend line just like 2008 broke 2000 trend line.
Next the MACD has light blue circles showing the same selling pressure pattern.
Finally the purple circles within the ROC show a pattern that looks similar to the pattern just before the credit crisis.
* This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Next the MACD has light blue circles showing the same selling pressure pattern.
Finally the purple circles within the ROC show a pattern that looks similar to the pattern just before the credit crisis.
* This information is not a recommendation to buy or sell. It is to be used for educational purposes only.