Breakout Levels: Historic Crashes, 2008

From the market breaking the first level it fell 20% in the following couple of weeks. Initially support was seen on the level and then it made a big spike out low. Buying on the first try would have gotten stopped out, but once price gets back over the support the second buy would have been a great entry into the new trend.
Chart PatternsTechnical IndicatorsTrend Analysis

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