For the people lamenting how horrible the fall of the long term log trendline is, and how that's never happened before, here's a blast from the past (in two ways
):
A multi-year long term trend line break. No, it never happened before.
Edit: Actually, that trendline of mine is multi year too. 2 years.
Stamp trend line: End 2011 - beginning of 2015 --> 3 years
I wouldn't talk about fractals for long term trend line, when the actual lenght matters.