“History Doesn't Repeat Itself, but It Often Rhymes” – Mark Twain
I've been noticing similarities between the 2008 top and the current market. If history rhymes, the market should find some support soon (3900-4000) before further downside later this year.
This theory is further supported by: 1. sentiment,which is at an extreme low 2. the long term logarithmic trendline, acting as support on several occasions