x05

x05 Updated 

Tech is back at it again with the overhyped, overvalued plays. Negative revenue? Pshh that's ok they're going to stop burning cash in 10-20 years just hold! 1500 P/E ratio? It better be above 1000 or it's not hot enough to buy! If we crash, it'll be back in a few months, wont take 10 years right? Good luck, become a millionaire today!

x05 Updated 

Did this chart Monday June 15th, sharing it now. The movement from March lows in April seems really similar to last few days. We are overextended and will need to correct again. Will we reach Goldman Sachs Bear target of AMEX:SPY 250? Likely... Lows in March: breaks 12 year trendline below (yellow) breaks 12 year trendline above (A) retests...

x05 Updated 

AMEX:SPY last 4 days look very similar to March 18-23 candles, so we could see possibly a similar movement next two days. It puts us at a HIGH print of 302.46 or above on Friday May 15th, which somehow also closes the gap from March 5-6th. The close on Friday would also be lower so somewhere near 298-300 (near Daily 100ma/200ma). Nothing is impossible, but this...