MrRenev
Short

S&P uptrend ending soon

SPCFD:SPX   S&P 500 Index
Momentum is slowing down as we approach ath and it looks price could reverse soon.




Tech stocks: The FAANG bubble popped. We are at a prime area for return to normal bull run to top.
Expect disapointing earnings fueling a selloff. Even if they are good we selloff anyway probably :p
And drive the whole market lower.








FAANG all in the same situation and big other ones too.

We seem to be at a time where retail dominated markets reverse in that area.



The chartguys whose videos I sometimes watch says that we could go up easilly if BioTech bounces.
FAANG alone are 11% of the snp and every one watches them, the whole planet knows about them.
Biotech is smaller and less people care and Theranos (eksdee).


Odds look good or ok.
Comment: The pyramid scheme is collapsing.
Not spread fear or anything, I would NEVER do that.
I am just a honest good willed sith lord that wants every one to know how bad things really are (:




Comment: Market got a reason to fall.

France approves digital tax on American tech giants, defying US trade threat.
Le Maire has said the tax would raise up to 500 million euros ($565 million) per year.

Trump is pretty pissed.

Good, good. This is too convenient... Can't be a coincidence...
Rothschilds orchestrated it all?
IMF? G8? ECB? All 3 have a french president.
"When the majority of people extrapolate the past in a bull cycle and expect the future to be the same, they usually are right and we are pretty early in the cycle"
- Warren Dalio
i am seeing 1400 as a target and expect a bear market for next three more years...any one else see ing this
Reply
Sell in May and never come back :-)
+1 Reply
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