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AllTheHype

01/02/16 7:46 PM

#174851 RE: imiloa #174843

Non-technical events aside and considering the post-Oct periods of both charts, the current period has both lower highs and lower lows, while 2012 had only descending highs. The first trading day in 2012 enabled the break-out in that chart.

I offer this comparison to '11-'12 mainly as a contrarian view that the market might not retest lows, even 200. If we see a return to OB and book it from here, it might just keep going.