Markets can stay irrational longer than we can stay solvent. Right now, we’re at the top of this megaphone pattern, with everything extremely overbought in epic fashion.
⚠️ Caution: the odds of a serious correction are high — the chart points to a potential target around $5,650.
Sure, the madness can continue. The Fed can keep printing USD that pours into stocks instead of the real economy — until people are jobless, starving, and rioting for food.
📈 Enjoy the rally while it lasts, but use stop-losses. This market is dangerously overheated.
⚠️ Caution: the odds of a serious correction are high — the chart points to a potential target around $5,650.
Sure, the madness can continue. The Fed can keep printing USD that pours into stocks instead of the real economy — until people are jobless, starving, and rioting for food.
📈 Enjoy the rally while it lasts, but use stop-losses. This market is dangerously overheated.
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I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
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Telegram: t.me/metaisland_gg
Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.