charts: Similarities, 1929, 1987, 2018

Below are charts showing 3 different time periods.  1929, 1987 & 2018.
The first group shows all periods in the approximate place in time where we are today.
The second group shows what happened afterwards in 1929 & 1987.
The third group shows the same charts but instead of on a Daily chart, a 2 day chart was used.  Meaning that each price bar is a 2 day price bar.

Group One - up against resistance at the moving average (blue circle) after hitting ATH

Courtesy of Worden Bros.

Courtesy of Worden Bros.

Courtesy of Worden Bros.

Group Two - failed to get above and stay above the moving average

Courtesy of Worden Bros.

Courtesy of Worden Bros.

Group Three - (2 day price chart) MUST hold above the moving average (yellow highlight) so it does not follow the pattern of 1929 & 1987

Courtesy of Worden Bros.

Courtesy of Worden Bros.

Courtesy of Worden Bros.

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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.