Short
Updated

Extreme Sentiment - No Fundamentals

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Thank you for taking the time to read my idea, your support is appreciated.

Bubbles inflate ever higher as those pumping them convince themselves they are justified.
They always burst or burn, just a question of time and patience.
Ultimately, price action is the real king when trading and not calling crashes which are rare and easy to call.

We can't make consistent profits by taking one side or bias too often, we must learn to change direction and accept our mistakes.
We know the system is broken and will collapse, no "vaccine" is going to help the millions of businesses and tens of millions of unemployed, this reality will curtail any boom in the markets.
Wall Street knows this is engineered, fear and anxiety caused by Government and MSM, along with outright lies will take this ship to the bottom.

The markets sit at nose bleed levels of market cap to GDP, of course this can go higher.
NDX served a warning this week to the bulls, only a fracture but enough to serve notice.
Interestingly, precious metals look like starting a correction...this may accelerate if the markets head down this week.

Our red trend line was violated but we sit at support...need follow through and close below our support line.

Let's see what tomorrow brings us!
Note
Dow broke support and then again broke up again.
Possible spike up coming this week as the market salivates more stimulus.

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