S&P500: 1987 Daily Chart |
Always a 'dangerous' exercise in making historical comparisons; YET it is worth noting on the similarity to today's Market.
The overlaid 2015 #'s are there for the taking; this move into the 2035/45 Kill Zone (see post below) underway.
Close above 2060 & we ignore the observation.
Reversal Signal our guidepost & immediate losses from this 'area' & it's potentially 'HEADS UP' time; no?