What's your favorite analogue? Northy likes 1937. I like 2008, a beautiful shape for a disaster. From 3385 we get a head & shoulders with 2346 as the neckline, followed by a violent collapse to 1000 on Election Day, 2020, and subsequent dives much lower.
| S&P 500 daily with 2008 tape overlay |
Vertical pink lines are Fed meetings. They will do all they can, but it cannot possibly be enough.
