Click on Charts to Enlarge
These charts show some of the best comparisons to the current market environment. The blue arrows show where I believe is a corresponding region in the pattern to our market right now.
Some of these instances broke above the initial reaction high briefly. Other only retested it before a break or deeper retest of the "crash" low.
From the qualitative comparison as well as the stat scan that I have run, it seems likely to me that some short term weakness is ahead.
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