What changed? What is different now and why is a 20% crash so close?
We use the chart as our guide, it helps us know the market bias; bearish or bullish, it helps determine the tendency, dynamics and trend of a certain given asset, good, commodity or stock.
Technical analysis has been proven to work.
What is the major event, catalysts, that will be the cause of the major downturn that all the assets are pointing toward to? Nuclear war?
Is it something less damaging to the human heart and soul? I don't know, but there will be panic.