SPX: Denial on Denial.
There are too much facts going on for anything else to happen than this.
where should I even start.
Highest debt ever above 140% for US. No increased debt ceiling.
Yield curve topped out. Bonds needs to get bought.
Inflation coming down harder and unemployment increasing rapidly.
Core CPI is larger than CPI. harder for households.
More...
FED "pivot" hopes won't die.
Bank collapses are "good for the stock market".
AI mania has the meme market looking alive again. NVDA, a company in which both revenue and earnings have dropped significantly over the past 3 quarters, is trading at 150+ P/E and 25xSales with a $666Billion market cap!
We're "back to normal" folks! /s
I LOVE how this classic Market...
Thought it fitting to sketch Dr. Jean-Paul Rodrigue "Economic Bubble"model over BTCUSD Weekly TF.
Imagine how fast this would move once "FEAR" was to properly set in.
Thoughts on price action over the next month?
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be...
Not enough fear in the market. Social media analysts are looking at every blip as a pump signal back to 50k. Greed has overridden minds. The deep drop would capitulate the entire market creating a fresh start for the next move up. all imo.
So finally the FOMO has ended, what a wild ride it was. It honestly blew my last prediction by a few thousand, still not in comparison to the 2017 bull run by no means but the delusion was strong. To be honest the 2019 run never had the momentum needed to replicate the 2017 run, nor create a new ATH. By taking the DEC 18th 2018 low and drawing 45 degrees from it...
Hey guys, it would seem the general consensus among the majority right now is that we're heading into a new low, or at least a retest of the 6k area - I'm not so sure. I've been mostly bearish since i began posting but that was before... before i saw BTC break the bear channel and HOLD. This will mark the first real retest of that once VERY staunch resistance as...
