IF you're a Bear that loves Patterns.. S&P500 VS BITCOINFirst, Micro shows up in the Macro
Second, Gaps statistically almost always close
Third, THIS IS AN INVERTED S&P
Fourth, This pattern shows up often.
IF YOU KEEP PROJECTING THESE PATTERNS INTO THE FUTURE.
You get SP500 as low as 1400, and you get BITCOIN near 90-120k.
This projects out into 2027, but the market is speeding up.
Conspiracy time - If you're still reading, you're at your own risk. I'm obviously crazy.
IMO, TESLA and Apple have been buying bitcoin. I assume MSFT, NVDA, AMAZON and a few others are doing so as well.
It's more than possible that Ackman and other short sellers will use some "uncertain" news to drop the market again. I assume, Late February, as all trends lead there. Trends align with this move into an XMAS pump, followed by a drop to like 3800 with maybe a return to 4100-4200, and that is likely going to be the drop point.
IT's more than likely that this news will be related to Tiawan and China. This is likely going to be the news that triggers the exit pump. I assume Russia will be planning another move now that the ground is getting decent. It would be beneficial for China to jump in during that time frame. Semiconductors are a huge part of this.. AND AGAIN, AT YOUR OWN RISK.
We likely started a financial war with China, Russia and a few others. Why fight a physical war against a few stupid leaders commanding people who don't want to fight, when you can pump stocks, allow people to take loans. You can outearn the wheel and cause margin calls. Oil, Gold, Twitter.
UH, IDK if it's not Tiawan and China, I'd probably say UAP news would be unsettling enough to shake up the market and cause uncertainty enough to crash the stock market, and pump technology and data.