Typically you see the market hit extremes in either direction before seeing any kind of reversal on the charts. Well, not so here, as the bears managed to reverse course of what was shaping up to be a possible reversal to the upside, only to get smashed to pieces over the past month with additional selling in the market. 

Check out the early bearish reversal on the SharePlanner Reversal Indicator:

shareplanner reversal indicator 4 9 18

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