When the Russell has been hot on a 5-year annualized basis, it has cooled off… to the tune of 30%+ declines in 1999 and 2007. 

Now the Russell has had a higher 5-year annualized return than the 1999 and 2007 peaks! Also the Russell is back at the top of its rising channel, where it has found some resistance.

Will it be different this time? From a 5-year annualized performance, “it is different this time” as it has been hotter than the 1999 & 2007 peaks.

What will the results be? Above my pay grade. Premium Members shorted the Russell 2000 several weeks ago due to this situation, with a stop at resistance.

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past