likely the case here.
We've reached significant top for SPX. I will like to drop to 2200s and the continuation should last for months Imo.
A lot of moving components and policies that were implemented in the past is leading to markets crash near term IMO. There are reasons for everything. Gold is relatively cheap right now compare to what will happen next IMO.
Today's price is as if tomorrow's NFP is priced in. We should see a substantial sell off tomorrow. Either it breakup above today's close or close where I point the arrow. Thanks for the view. Feel free to comment.
we have a serious Fib resistance at 2420. This chart kind of make sense to me. I think we are due for a big pullback.
The stock being pumped up. Even though stocks are future earnings there are also uncertainties as we can't not see the future. I don't recommend buying into Nvidia at these levels. It is also look like it's forming H&S pattern. If I'm right we could see a big crash down to $50s or $60s levels in the never term. Thanks.
Long overdue for a big correction. Almost at levels seen prior to 2008 crash. Tech is getting mature and will eventually get cheaper which will effect profit margins.
The stock is trading $110 above 200MA. Usually theses have big correction ahead. Trade safe.
Dollar will crash big time per my research.
Very limited upside and very large downside. Not worth the risk to buy right now as stocks are overly valued to a level seen prior to 2008 crash.
600% run from 2008 crash due to QE. 38.2% FIB retracement pointing towards below 700. Strong Short in my opinion.
Giving the semi conductor index is overly bought and due for a big correction. I think this is where AMKR is heading.
Call me crazy but I think AMD is going to fill some serious gaps downward. The stock is overly valued. Look what happened to the stock in 2011 after they released the FX series. It was nothing but hype. The company also have one of the worst balance sheet. Someone brought up a good point on StockTwits that the book value on this thing is $.44. So current...
The stock is overvalued and overbought on hype. The crash will be as big.