Figure 10
From: Information dynamic spectrum characterizes system instability toward critical transitions
TE and ATE curves as early indicators of stock market crash. Top: Dow Jones indices from June 2008 to December 2008. Bottom: TE, ATE+, and ATE− curves in blue, red, and green, respectively. There are significant decreases in all three curves before the October 2008 Crash, as an early indicator of market crash.