I'm convinced this collection of garbage stocks has further downside, trying to figure out the timing on this, it could happen as early as next week, but if wave 4 = wave 2 then the collapse doesn't happen until we get a H&S pattern shoulder in Nov.
Kinda make sense, by then we should know that the Fed isn't going to cut interest rates next year, which is priced in right now.
Also see my ARKK overlay on top of BTC. All garbage moves together, lol. BTC is worthless and so are half the companies in ARKK.
Kinda make sense, by then we should know that the Fed isn't going to cut interest rates next year, which is priced in right now.
Also see my ARKK overlay on top of BTC. All garbage moves together, lol. BTC is worthless and so are half the companies in ARKK.
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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.