Below is a chart of Alphabet (symbol GOOGL) which has a rather interesting analog with what it was doing two years ago. Both now, and then, the stock had broken a trendline (drawn in each case in red, and which are roughly parallel with one another) and had bounced to the underside, only to be followed by a lot more weakness. GOOGL is, as you know, one of the Mag-7 stocks, and if this weakens, it will poison the entire equity market.
