NVDA has a triple negative divergence on the RSI and has decreasing volume as price pumps. The AI hype will die down and everybody will forget about AI. This will pan out similarly to INTEL changing the world in 2000. NVDA is going to zero.
SPX500 has topped out and has reached the upper trendline of a 100 year trendline that dates back to the 1929 great depression.
Dow Jones Index has a shooting star topping tail and there is high probabilities this is the top for DJI. It's time for markets to start pricing this upcoming depression. The only thing that would cancel out this topping tail is a close above it. Welcome to the great depression 20-30 year bear market is coming
Hello Everyone, a simple analysis of the RSI and current price action appear eerily similar to the 2022 peak. During the 2022 top we had financial experts and the media claiming victory stating that this bull market will continue, however we crashed soon after. Now the SPX is currently forming a topping process, this could be done or we could go a little higher...
The stock market continues to make new highs and is finishing the final touches in this topping process. The problem is the Russell is failing to make new highs. We can see before every stock market crash was accompanied with the SPX/NDX/DJI making new highs while the Russell makes a lower high. This occurred during 2008, 2022, and it could be happening right as...
Hello everyone, We are currently in a topping process and chances are July 10, 2024 was the top for the Nasdaq (NDX). I believe that we will fill the gap before entering the bear market. A confirmation of a lower high on NDX and a higher high on SPX would show a clear divergence confirming a market top. It's clear that the Russell (IWM) is not making new highs...
Hello Everyone, Anybody buying NVDA at these levels will suffer the same fate as the Intel (INTC) buyers during the Dotcom bubble. Chances are Jun 20, 2024 was the top and so far we have been making lower highs and lower lows. Weekly timeframe shows a bearish engulfing, however we will need a confirmation dump candle with another follow through candle to confirm...
Hello Everyone, IMPORTANT: ALL FED POLICIES LEAD TO NEGATIVE OUTCOMES TLDR AT THE END In February 2022 the Federal Reserve gave us the fastest rate raising campaign in history to try and combat very high inflation, but they were very late in raising rates causing one of the worst inflation in 40 years. During his speech at Jackson Hole he confirms rate cuts in...
Hello everyone, The federal reserve has kept interest rates at near zero and printed the MOST money in US history back in 2020 and this has caused one of the worst inflation in 40 years. Jerome Powell decided to fight inflation by giving us the fastest rate raising campaign in history. He has kept rates too high for too long and we are now guaranteed a recession....
Hello everyone, We may be entering a very powerful recession. We get a good crash about every 100 years and history is repeating itself again. We went into the great depression during the 1929s and the stock market did not reach it's highs again for the next 37 years. We find ourselves in the same situations eerily similar to 1929.
Hello everyone, I am back with another chart, this is the top for SPX. We are now in a recession.
Hello everybody, I have been keeping a close eye on our economy and indices and it looks like we are already in a recession. This will be one of the biggest recessions in history and will make 1929 and 2008 look like a correction. As job layoffs continue, we expect this to increase dramatically for the next couple of years. On a technical level we are witnessing a...
Bitcoin is finishing Phase C of our wyckoff distribution schematic #1. This indicates that whales have been selling bitcoin all the way up. Good chances we have finished the upthrust after distribution (UTAD). 03/24/23 Preliminary supply (PSY) 4/14/23 Buying Climax (BC) 4/24/23 Automatic reaction (AR) 06/15/23 Signs of Weakness (SOW) 07/13/23 Upthrust (UT) 11/15/23 UTAD
SPX is finishing a 1-2-3-4-5 wave for new highs. Whales are ready to push the stock market to new highs. This will get the majority of traders very bullish while whales exit the stock market and flip the trade. One of the worst recessions in history is in the making. Pattern: Inverse H&S
A global economic failure is going to take place very soon. I believe we are completing a 1-2-3-4-5 wave pattern. As of today we believe that we have bottomed and will be making new highs before witnessing one of the most devastating recessions in history.
Hello everyone, I highly believe we are finishing a WXY pattern and will soon hit a target of 150K.
SPX January 04, 2022 market cycle top SPX July 27, 2023 complacency
spx top no new highs for the next 20 years we are going to spx 700 july 27 2023 top