chart: SPY Buying Pressure

This is the SPY vs Buying Pressure. 
This chart started to develop a recent pattern very similar to the pattern formed from December 2014-January 2015. 
"History doesn't repeat itself, but it does rhyme" - Mark Twain
The two red horizontal arrows indicate a double top pattern. 
The green vertical arrow shows where the SPY and the Buying Pressure both bottomed on the same day subsequent to the double tops.
The red trend line with a yellow circle at the bottom indicates when the down trend line was broken to the upside.
The blue arrow shows where the green arrow bottom was tested.  The second blue arrow on the right side of the chart shows where another test of the bottom may occur if this entire pattern is going to repeat again.

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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