Updated: Are You Ready for Deflation?

Does that 2008 top look like the current top? The biggest difference I see is the current top took longer to form.
Sometimes I have to stretch the charts a bit to line them up, but I nailed this one with the first pass on each.
Update: I measured the move in 2008 and 2022. Very similar. FCX went on to lose 80 percent in 2008. It might not be a bad idea to put in a standing buy order for $5 per share.
I'm looking for an options trade that combines cheap puts with high potential payoff if this move continues repeating.

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