From Market Anthropology:
Here's something I have been keeping an eye on as a possible guide coming out of the next pivot. It is the retracement blowoff that culminated in the markets in May of 2008.
Most of these charts are of the underlying assets respective hourly 10 period SMA's. Notable similarities in the equity markets structure, volatility, and the equity to bond ratio (SPX:TLT). Notable divergences in...
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