Buy Back Exhaustion \ Fed Pause \ Confidence \ Beat of the drum
Consumer confidence is putting up fresh data points to suggest that we will fall below 100.
Took a drive around the wealthy parts of town on Christmas night and noticed a severe lack of lighting where in previous years these neighborhoods would be lit up like the sun.
Fed has flagged that if interest rates continue to rise than a pause or maybe even a raise in rates is coming.
Don't be fooled as company's artificially inflate prices. They will soon run out of buyback funds and what looks like a new punch through to another ATH is just a massive rug pull before we see what first looks like a correction and then a serious crash. I will not be surprised if we see 520's by end of Q1 and 570 by the end of January.
I am currently short and looking to add after this next double top coming tomorrow. If I am wrong and we continue past 602 then I will wait for a new entry soon after with confirmation.
Puts to 570 at 3 months out should pay nicely if these things add up. If I am wrong I will play the upside and abandoned my speculation until I see another major down ward move.
Stay open minded and play what you see. If you dont see what I see... dont get mad. Its just speculation. Go to tik tok to yell your bias.
Took a drive around the wealthy parts of town on Christmas night and noticed a severe lack of lighting where in previous years these neighborhoods would be lit up like the sun.
Fed has flagged that if interest rates continue to rise than a pause or maybe even a raise in rates is coming.
Don't be fooled as company's artificially inflate prices. They will soon run out of buyback funds and what looks like a new punch through to another ATH is just a massive rug pull before we see what first looks like a correction and then a serious crash. I will not be surprised if we see 520's by end of Q1 and 570 by the end of January.
I am currently short and looking to add after this next double top coming tomorrow. If I am wrong and we continue past 602 then I will wait for a new entry soon after with confirmation.
Puts to 570 at 3 months out should pay nicely if these things add up. If I am wrong I will play the upside and abandoned my speculation until I see another major down ward move.
Stay open minded and play what you see. If you dont see what I see... dont get mad. Its just speculation. Go to tik tok to yell your bias.
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