This is a chart originally highlighted on Stocktwits.com, the rising wedge on the S and P 500 with eerie parallels to 2000 and 2008. What is worth noting here is the current rising wedge is much bigger than that observed in 2000 or 2008. The consequences could be severe as and when the break occurs and could trigger a major bear market:
Why Killer Whales—Famous For Sporting Salmon ‘Hats’ In The 1980s—Might Be
Doing It Again
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Did you know orcas once turned salmon into quirky headwear in the 1980s?
This "fad" disappeared by the turn of the decade, but recently, they’ve
been spott...
7 minutes ago
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