I could list many things that are different between now and the April top, but there seem to be far more similarities. This is an interesting pattern in the 10 day moving average of CPCE.
What's clear here is that when the moving average is rising, the market SHOULD be falling. When the market doesn't fall and it rises, it's either very good or very bad. If the market starts "catching up" by selling off hard suddenly, then this was bearish. If the market goes nowhere and the avg starts to curl down again, there could be another leg up in the rally.