$SPX500 by all metrix this is overbought

Oct 1

Markets can stay irrational longer than we can stay solvent. Right now, we’re at the top of this megaphone pattern, with everything extremely overbought in epic fashion.

⚠️ Caution: the odds of a serious correction are high — the chart points to a potential target around $5,650.

Sure, the madness can continue. The Fed can keep printing USD that pours into stocks instead of the real economy — until people are jobless, starving, and rioting for food.

📈 Enjoy the rally while it lasts, but use stop-losses. This market is dangerously overheated.

Oct 18

Trade closed: target reached

I told you (again)
This idea did work.

Are we going lower?
1D show a bounce.
1W show lower momentum


It all depends on which foot Trump gets out of bed on — and whether he slept well. Apparently, that’s how the world economy works now. Meanwhile, yes, we’re in a recession; time to stop lying to ourselves. China can’t stand the U.S. because half the diplomats sound like TikTok influencers, the “peace” in Gaza is just an intermission, and Israel’s already warming up the engines again.

Iran’s watching, everyone’s nervous, and geopolitics looks more and more like a badly written Netflix script — except this one’s live. So grab a brandy, sit back, and enjoy the show. Season 2 of Global Chaos is now streaming, and the plot twists are getting wild.

Oct 20

Note

Are we about to get rejected again at the top — or is this finally the breakout that sparks an epic rally?

Nov 4

Note

This idea is playing out correctly. We bounced from the long term ascending resistance and as always get rejected with a little pull back. A mall pull back for the SPX500 is a big dump for Crypto and risk assets.
The stockastic RSI shows that we are in the middle of this pull back on 1D so expect a bearish movemnent that last until next week.

6 days ago

Note

Correction is happening! How deep this can go?