The market is completely disconnected from reality. Everyone can see that. We are seemingly about to "return to normal" post covid with most major cities ready to open back up. Even the most liberal cities like my own, Chicago, is finally going to allow its business owners to salvage what has been destroyed by their leaders policies. I fear this level of complacency will end with devastation very soon. Everyone sees the joke we call an equities mark. Cryptos like, "hold my beer", NFT's, cum coins, doge coins, shiba whatever, wtf is going on. Many bubbles form the same simple shape and apple macro is a massive bubble (see related ideas), similar to btc btc in 2017. Currently apple looks like it is making a giant topping formation (H&S) with HEAVY sell pressure, similar to btc on the medium time frames. It looks very very similar to btc before its recent tumble (which is far from over). It could be BTC is foreshadowing what is to come with apple (and the entire stock market). We will find out very soon if this plays out. I think the market conditions are ripe for this drop. If indeed this plays out we will see apple fall 60% INITIALLY. Can you imagine what the overall market would look like if that kind of a dump happened. I wouldn't be surprised if some news or event occurred to actually play this out. Very weird thing about charts is they often anticipate a big event. I fear whatever it is wont be good. This may be the final thrust into America. G*d help us.
