Look At These Trace Charts Comparing Now and 1966

As mentioned earlier, self similarity abounds all over the place in indexes. However, past is no guarantee of future: thus the nature of 'similar'. There are many patterns that look identical over history, then completely diverge. So far the general shape similarity is loosely tracking.
 

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We are now approaching 12,700.

It will be interesting to see if we can cleanly break through and see consolidation..

If not, it will be a major capitulation.
 
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