We have about 2 weeks to go until the market jumps up, and then dives down. This will give us an approximal double top in Nividia.
The FED minutes (beginning of July) and the FOMC rate meeting (end of July) will provide a whipsaw not unlike what happened with March 2020 pandemic. See my
SILJ and 
NEM threads about the repeating fractal I found that shows another week down, two weeks up, and a crash.
After the crash the FED is going to lower rates considerably, so feel free to load up on Nividia 2 and 3 month OTM calls. Find them for $5 and flip them for 20x imo. This will be the last market rally then it will fall precipitously next year after the election.
If Biden wins we get CBDC's, if Trump or RFK Jr. wins we get a gold standard.
The FED minutes (beginning of July) and the FOMC rate meeting (end of July) will provide a whipsaw not unlike what happened with March 2020 pandemic. See my
SILJ and NEM threads about the repeating fractal I found that shows another week down, two weeks up, and a crash.After the crash the FED is going to lower rates considerably, so feel free to load up on Nividia 2 and 3 month OTM calls. Find them for $5 and flip them for 20x imo. This will be the last market rally then it will fall precipitously next year after the election.
If Biden wins we get CBDC's, if Trump or RFK Jr. wins we get a gold standard.
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Seriously, check out my SILJ thread...Note
x.com/DarioCpx/status/1804920189718306907“In order to justify today's prices,
NVDA needs $1 trillion in sales by 2034”Note
This gentleman shares my same views:x.com/i3_invest/status/1805224365153247320
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x.com/SuburbanDrone/status/1805234507286536454That's not good for semi's..
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x.com/VolumeLeaders/status/1805255428265082986Dark pool activity...
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x.com/Barchart/status/1805336574759960626Down 13% since Cramer mentioned it...
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Good bounce. Second round of profit taking before the fall. Get your OTM puts ready, buy by Friday for one month out!
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x.com/SuburbanDrone/status/1806688730431762577Buy puts and longer dated calls now!!
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There goes semis....x.com/SuburbanDrone/status/1806854610922942752
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x.com/zerohedge/status/1807787602633748579Knives out!
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ZH just released this to their premium subscribers: "The world's most important stock, NVDA, risks putting in a big head and shoulders formation."Note
x.com/SuburbanDrone/status/1807829243708985518Double Top playing out in other assets...
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x.com/MasterPandaWu/status/1807801866593485207H&S mapped out
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x.com/DarioCpx/status/1808145578657734989Did you know that about Magnetar?
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zerohedge.com/markets/getting-fully-valued-nvidia-receives-rare-downgradeDowngraded to Neutral by New Street Research
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x.com/SuburbanDrone/status/1811863258053095668Hope you bought those puts!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.