positivemind88

positivemind88

4th wave down will be worse than the great depression. 5th wave up will be caused by massive inflation (permanent inflation) through money printing in the US. Just know that when the massive crash comes it will be faster than covid crash. People don't realize that Trump de-regulated the stock market when he got elected and massive amount of financial engineering...

positivemind88

I know when we bring up PE ratio people look away and say it doesn't matter. Yes it is true to certain point but if you look at the history 100% of the time these overly priced stocks mean revert back to fair value. Having 250 PE ratio and $1 trillion market valuation is insane for any company that is only generating $60 billion in sells (not profits). It is...

positivemind88

The next election will play a big part which may follow by social unrest and stock market crash. Might crash faster than Covid did...

positivemind88

This ABC pattern is likely to play out in the next 2 years. I wouldn't rush into buying anything right now except mid and long term bonds.

positivemind88

I think we are in a ABC correction and we are currently in C wave down with minor 5 waves. I expect the prices to reach around $4000 next week.

positivemind88

Likely will reach 1.618. S&P500 will likely print between $3920-$3850. Always, long VIX with caution.

positivemind88

At crazy valuations I have to think this way. Two possible price movement with both pointing downward first. Might be good to stay away and watch the price action before blindly going all in. Especially when demand is coming down for products in the US. Thanks for the view...

positivemind88

This goes for all the companies that are trading well above 30 PE ratio. Fundamentals doesn't matter until they mean revert violently. History is always right...

positivemind88

Thanks for the view and hit the like if you like the drawing. :)

positivemind88

Possible price movement going towards the CPI data on Feb 14th, 2023. Good luck trading!

positivemind88

Oil always over react to inflation as history say. I think Bond prices are going to come right back up along with stocks. Meaning we are about to have a risk on event imo.

positivemind88

Everyone is talking about de-dollarization but nobody is talking about dollarization. This is part of IMF's plan to dollarize the world and change the name to "One World Currency". The future is much brighter than a lot of people think. We are heading towards a world where stock markets around the world is going to do very well due this one world currency....

positivemind88

Bullish cash for Nvidia. Corrective ABC wave with a strong C wave up. Which match up with bullish case for S&P500 with price target of 4365.

positivemind88

Warning there might be a sharp deflationary crash in the markets soon.

positivemind88

Major bounce on Monday is likely and a major price drop on Tuesday is also likely... Happy trading!

positivemind88

Sometimes I feel like these things are all planned out. This is why I love charting...

positivemind88

The trend was started in 2017. Covid crash was just a bump on the road to something really big.... Once in a lifetime crash in one the way IMO...

positivemind88

Flashing big warning signs. You guys need to be really carful. All the gains can get wiped out in just a few days. Covid is proof where most stocks got halted while the prices are dropping like a stone.