Well it actually happens a lot more frequent than every 20 years martis but it can be the precursor to a massive drop but actually quite often not :)
we have have 9 or 10 (will post chart tomorrow) in the last 10 years. Some have massibe drops and some do not. None the less a bearish sign unless we bounce back soonish.
all in all not a good sign though and immediate thoughts and positions are now short...although that opinion can turn on a $2.00 coin (allowing for inflation)
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