How about the fractal!
First chart is weekly SPX in 2008. Blue circle is a bearish outside reversal and red circle 4 weeks later.
Second chart is daily SPX in 2010 with bearish outside reversal and red circle 4 weeks later.
That is not even considering the current weekly outside bearish reversal but just the fractal pattern and if we follow that 2007/9 fractal it ain't good.
fiery friday, page-133
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