Of course not, and I have no idea how deep the ensuing correction will be. I just know that it's pretty toppy here and the chance for a reversal around the corner is quite high. Call it a trader's sixth sense.
Huh, like way back in August? Man, either you have some big balls or you must be a blue-eyed blonde. Well, here's a little tip for ya. Don't keep your eyes off of the trendline you see below. Everyone will be watching it very closely. If that ever breaks down, you might actually come away with a sizable loot. This will also give you a free pass down to 5800 and, if that also breaks apart, then you're expected to arrive at 5500-ish. Not a bad deal. (That is, if everything goes according to the plan. )
Well, I'm not so sure. Personally, I think the overall index might hold up just fine. Of course, stocks like NVDA, whicch have risen to irrational levels, could face a correction. However, considering Trumps goals, I believe the strong dollar will likely persist until at least mid-2025, driving more capital into the U.S. markets and allowing new stocks to take the lead. in particualr, I think energy-related sectors might take the spotlight once again, PS: of course, after that, I also believe the market will face a broader correction at some point