After over four months since I compared the current market’s price structure to the 1987 crash (see Hereand Here) – the analog quietly keeps replicating.
From this perspective – the market get’s its groove back next week.
This dovetails nicely into the other SPX analog from earlier in the year that I have been following over the past week. For further explanation of this comparison, see Here.
Some of the previous Meridian Market Theory Updates: