Similarities, then and now

I have posted before the similarities that exist in the current market environment with those going back to late 2010 - early 2011.
Here is the SPY going back to 2010 where we had a narrow channel, leading to a "W" pattern correction, resulting in measured move and nearly identical narrow price channel.

Here is the current environment where we have seen the similar narrow price channel which we have recently corrected out of and what looks like a "W" corrective pattern