$SPY signals are echoing the 2007 crash, with market patterns showing familiar signs. The tech and housing bubbles are bursting in tandem, while the boiling frog syndrome keeps investors oblivious.
$SPY people believe that the 2007 Great Financial Crash was a large surprise (below) But it was anything but a surprise. The moving averages were textbook. Clear tests of support, followed by a rejection from below twice and then Lehmans …