The market’s hidden algo creators have gone crazy on short term Fed staying news and China collapsing with other oddities like cycle distortion to the upside, meaning, underlying trend is pulling prices higher. But it doesnt stop there, because there seems to be another hidden influence we cant see on charts that is damaging price discovery.
I think a crash is coming soon. I think SPY 0.00%↑ collapses into its expected 54 month trough.
Theres no sane reason to gap up 15 percent on Meta META 0.00%↑
It has to be a top forming in the market that will last for quite a while.
Perhaps this is what happens at SPX 5000?
The market then sells off into the coming 20 week cycle low due in March?
Regards