...when everyone is bearish, we hear that it couldn't be the time for a market crash
...but when everyone is bullish, we are no longer asking the question.
...the market is not waiting for the Israeli strike (on Iran) and subsequent Iranian retaliation, but yet there is more than 60pc chance this lies in the days ahead.
...incorrigible market participants must follow the price and ignore the Macro.
SPX CRASH COMING
I've pointed out similarities between S&P 500 2007 & 2024.
Both had a top on the same day on July 16, they both bottomed in Aug.
The 1st rate cut was on Sept 18 for both. In 2007, SPX topped Oct 11th, 17 sessions after the pivot, followed by a 58% CRASH
https://x.com/ChartingProdigy/status/1844099022677823627
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Its Over, page-24023
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