NVDA has been down for a while and a lot of people are making much of the recent break lower.
However, corrections are known to be contained inside of two legs and topping patterns are known to false crash first and then head fake 1.61.
If NVDA is near a top, I think it's more in the 160 area than here.
Taking bets to reflect this.
However, corrections are known to be contained inside of two legs and topping patterns are known to false crash first and then head fake 1.61.
If NVDA is near a top, I think it's more in the 160 area than here.
Taking bets to reflect this.
Nota
This setup has max chance of failing now. We've retraced to the 76 retracement of the drop. If this is a simple bull trap, it should be over now.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Aviso legal
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.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Aviso legal
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.