A Chart to Ponder

Here is an interesting chart that gives us a set-up worth pondering. Granted, this is a small sample size of exactly two prior occurrences but still...

The last two major equity tops had the same set-up as now. The equity market had rallied AS the Fed tightened. US 5 year - 2 year yields went negative (only just this time). Prices broke the rolling 52 week lows and the moving averages crossed to the downside as momentum turned down. Can we really have three for three? Seems far fetched but still worth knowing and pondering.