Saturday, December 17, 2011

Feeling Groovy

After over four months since I compared the current market's price structure to the 1987 crash (see Here and 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: