What Is Missing To Complete a 'Crash Signature' for 2018

Here is a little more to expand on the posting I made last night here. We have had a long run up, with only a few corrections, to new all time highs. The market has finally broken and corrected significantly. You can see comparisons to 1929 and 1987 in the first chart below. This was forwarded to me by a long time friend with whom I discuss these things. As I suggested to him and attempted to show in the posting last night, what is required now is a break below the current low, decisively.

In the same section