Stocks - NYSE Rising Wedge Breakdown
Idea for NYSE:
- NYSE top and reversal structure: Rising wedge breakdown and re-test the support, high % short setup.
- As we know, market breadth collapsing as SPX and NDX make new highs on low volume.
- Markets are being cut down at the knees, SPX will be last to fall but it is coming.
- Too many bearish divergences to not be short the greatest asset bubble in history.
- Systemic liquidity outflows confirm, and markets inflated with margin debt and hot air will collapse.
- Implied volatility and tail risk hedging (SKEW at an ATH , TDEX on the rise) will demand liquidity and realized volatility .
- If you think that the bubble will not pop against the underlying conditions, just take a look at Japan's bubble economy in 80s-90s.
"It will be different this time."
GLHF
- DPT
- NYSE top and reversal structure: Rising wedge breakdown and re-test the support, high % short setup.
- As we know, market breadth collapsing as SPX and NDX make new highs on low volume.
- Markets are being cut down at the knees, SPX will be last to fall but it is coming.
- Too many bearish divergences to not be short the greatest asset bubble in history.
- Systemic liquidity outflows confirm, and markets inflated with margin debt and hot air will collapse.
- Implied volatility and tail risk hedging (SKEW at an ATH , TDEX on the rise) will demand liquidity and realized volatility .
- If you think that the bubble will not pop against the underlying conditions, just take a look at Japan's bubble economy in 80s-90s.
"It will be different this time."
GLHF
- DPT
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