chart: DJIA 1929 - Do the signs look familiar ?

DJIA 1929 - Courtesy of Worden Bros

1) Blue vertical arrow - a red monthly price bar broke the fuschia MA
2) Red vertical arrows - subsequent to the above #1, three blue monthly price bars developed
3) Yellow circle - MACD sell signal
4) Blue horizontal arrow - Histogram below zero and below it's blue MA
After the third blue price bar in #1, the stock market continued lower into the July 1932 bottom

Do the signs on this chart of the 1929 DJIA look familiar?
If you saw JustSignals last post, it should.
If you didn't, here is the link:
 http://justsignals.blogspot.com/2015/12/charts-djia-monthly-will-history-repeat.html

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results