whatever. My instincts are only as good as my lack of noise. That's why ET is special. Because the noise here.... is exactly that. Noise. But four standard deviations down.
To answer your question however, near term the greater the possibility of a trump win,,,, we may go higher. But make no mistake, one year out, we're much lower. And that genesis of a sell-off.... will start prior to the win.
Just curious if anyone bought NVDA when it was trading above $130 and are still holding. What is your plan?
I never hold aaaanything beyond minutes to hours but if I did $118 was make or break for me cleanly broken 07/24/24 turning support into resistance:-
In other news... Looking at other cousins in the industry such as Intel, they are still licking their wounds. There may be some further pain to follow.