isplicer, interesting post indeed. Its like playing spot the difference..
..one i did notice -
2008 formed a double top before crashing...
2011 looks like its forming a symmetrical triangle = continuation pattern.. ..in an uptrend.
Also, the sp in both examples are in different ranges - back then the sp was right up at 13,000 - 14,000
Just observations
Needless to say, in the next few weeks we should get a clearer picture. Be interesting to see how this develops - keep us posted.
Still bullish for now myself, but who knows, that could all change....
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