🚨 CRASH ALERT🚨
1987 VS 2024
Im trying to unsee it .
The 1987 crash was biblical
Today we see the same set up
Yields rising /Breach of primary trendline .✅
Measured move complete .✅
Momentum plummeting .✅
Erratic behaviour ✅
The only difference today.
Bigger…
🚨WARNING 🚨
The NASDAQ has formed the Most beautiful DOUBLE TOP i have ever seen .
The halley's comet takes 76 years to journey around the sun .
A once in a life time opportunity .
Was fortunate enough to witness it in 1986 .
This ,my fellow traders, is one of…
Nasdaq update :
2000 VS 2023
Keep time at bay and we get the exact process of mass unwinding in all its glory '
Wealth destruction pending.
Day traders can take advantage of the upcumming large swings.
"DANSE MACABRE"
Trillions are linked to crypto .
Property, cars, stocks, leverage etc
When it all CRYPTOS heads to zero A fire sale across all sectors will follow.
It's going to be an absolute BIBLICAL event.
The only good news... It hasn't begun yet.
GOLD:
The bull run in gold will last for over a decade . imo
Expect decoupling from the USD when it happens
Currently its going through the process .
range 1770/2000 .
I do believe we are in the rudiments of a parabola move over the next decade
Dow jones
1929 vs 2022
More moving parts today than 1929 hence the erratic behaviour .
The chart depicts stages from rudiments to the finale .
We can apply this to any index or stocks IT all plays out the same.
God bless and Godspeed
Dow jones
2023 vs 2008
The only difference is time of distribution
The other difference between 2008 and 2023 is the reckless FED intervention Hence the extension .
We are currently stationed near B
The situation is much worse than 2008 .
God bless.
Nasdaq update: Failure rate when the monthly overshoots the upper Bollinger band is 100%.
Never been a time in history that the monthly has continued to undermine the upper bollinger band.
Meaning at some point this month we should expect a monster sell off .
$NVDA
I withheld this chart for weeks NOT to scare the children.
But its time for it's release.
Below Wyckoff applied .
Few can dispute ..few can deny it .
Its Nearing .
God bless and Godspeed.
Top MARKET SELL signals.
1. Mass participation including 5 year old traders.
2. Bitcoin 400k calls
3. DOW 40k calls.
4. commodity boom cycle calls
5. Its different this time
6. NFT ? WTF ?
7. Hydrogen next big thing 😂😂
8. Irrational exuberance
9. Parabola
Dow jones .
2008 vs 2023
15 years apart (for education purposes )
Analysing the distribution process from ATH one can clearly see that the process is almost the same .
The only difference today ...is the wider ranges... which is due to much larger and diverse speculative crowd.…
Chinas 17 trillion economy .
78% of total Chinese assets are held in the property sector
30% of total GDP is in the property sector .
60 + developers pending default.
Consequences are mind bending .
A family friend past away on Saturday from a heart attack .
000 dialed no response due to overwhelming Covid calls.
We all want to open up ..yes.. BUT it comes with consequences.
He was 49 left 3 beautiful girls behind.
R.I.P
The greater the outflows from bonds the faster THE FED will need to raise.
The only way to stop higher rates and the inevitable demise of the property market IS the collapse of the stock market.
Enjoy what's left Because it aint gunna last .
God bless and God speed.
$SPX update
Long range outlook .
The big financial reset is coming .
Stay within your means ...Because it ain't gunna be pretty for the ill-prepared .
God bless and Godspeed.