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Yes, and each of those times we had an uber-accomodative Fed and central banks worldwide were still doing the full court press reflation. Pull up a chart of all of the so-called "leadership" stocks that the financial media covers each day. AAPL, AMZN, NFLX, NVDA, GOOGL. FAANG's really. Look...

Out of curiousity, were you in the markets back in 2000 and 2007/08?

Speedo went long 100 cars at the measured move.

Alcohol sales skyrocketing for every point this pig declines.

Sounds great, but you've got to figure out how deep those rallies will cut.

Everyday some offshoot of same pattern. Herd everyone to a particular spot, calculate the imbalance of longs vs shorts and then blow it out max pain direction.

Only 16% of S&P 500 stocks above 200d MA and 8% above 50d MA. Smack dab into the numbers last seen in Jan-Feb 2016.

Must have been napping. Hit awhile ago.

Indeed.

During the Yellen era, if the indicies were down half a percent, a Fed head would be ushered out to soothe the markets. Nowadays, half of them just reaffirm hawkish comments.

I foresee some drunken rages at Christmas dinners next week.

So when is the next 10 minute 50 pt upspike going to arrive

Surreal. Crack the market wide open into Christmas.

Unreal. 2015 swing high in Russell is only 20 pts away. I figured it would take until mid-2019 to hit that when we first broke lower in Oct.

Market took a look at B1S2's stop and did a u-turn.

Brace for impact.

Saw these pattern failures all the time in previous bear markets. Just nasty stuff really.

So obvious long area is 2484.50 or thereabouts, also repeats yesterday's fractal on the flagpole spike up. Don't trust patterns like this, bear market rules.

Hopefully you didn't short that.