It’s technical analysis Monday here at Business Insider.
Early this morning we discussed the “Golden Cross” that’s about to appear in the S&P 500.
Then we followed that up with a Chart Of The Day showing what looks like the mother of all head and shoulders patterns.
Anyway, the reader who sent us that chart has sent us a follow-up looking at the Consumer Staples ETF now vs. 2008.
Make what you will of it. There is some similarity.