If you plot your chart on spx, you will see that the past few weeks is in a range swing. Up down up down. In the history of chart pattern, this implies
1) a break out or a major crash is slowly cooking
2) whales are selling for profit at the top and retail investors are buying at the bottom.
Based on this and the current market risks, I am more inclined to believe that there is going to be a major collapse starting very soon.
There is a series of events happening now, from new announced fed chair, to AI burst, to bad economy, to yen trade, to regional tension. Every single one of these events is a black swan by itself. And now, we have them all lined up.
Every analysts feels that there will be a collapse this year. About -25% for major indexes and at least -60% for individual stocks. I have always been warning of this collapse.
Good luck to those who buyed stocks recently, especially the past 2 months.
1) a break out or a major crash is slowly cooking
2) whales are selling for profit at the top and retail investors are buying at the bottom.
Based on this and the current market risks, I am more inclined to believe that there is going to be a major collapse starting very soon.
There is a series of events happening now, from new announced fed chair, to AI burst, to bad economy, to yen trade, to regional tension. Every single one of these events is a black swan by itself. And now, we have them all lined up.
Every analysts feels that there will be a collapse this year. About -25% for major indexes and at least -60% for individual stocks. I have always been warning of this collapse.
Good luck to those who buyed stocks recently, especially the past 2 months.
