And in the style of a mega bubble, I suspect once the real high is made we're going to see ti drop all the way to under the start of the parabolic run.
This is extremely common in big bubble moves.
Here's an example in CVNA.
I often find these moves come in at around 80 - 90% drawdown. So there'd still be room to see NVDA higher than it currently is inside of this.
I've got no short positions on this at the moment. But I'll take a pop when I think the time is right.
This is extremely common in big bubble moves.
Here's an example in CVNA.
I often find these moves come in at around 80 - 90% drawdown. So there'd still be room to see NVDA higher than it currently is inside of this.
I've got no short positions on this at the moment. But I'll take a pop when I think the time is right.
Note
Scaled up short positions in NVDA 810 - 815. 780 I think is the required break level.
Note
800 zone short was not a good idea. Should have just waited.
Significantly close to 1,000 now though.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
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.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
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.