🚨 SOMETHING VERY STRANGE IS HAPPENING!
The stock market keeps pushing to new all-time highs.
But nobody is paying attention to what’s actually happening.
S&P 500 short interest just jumped to 3%.
This is the highest level since right before the 2008 crash.
The trap doesn't change:
Make the crowd believe the rally will last forever.
Use maximum FOMO to keep retail buying at the top.
Build massive short positions behind closed doors.
The smart money isn't hedging.
They are preparing for a bloodbath.
When the trap snaps, the crowd will be left holding the bag. Again.
Don’t buy the euphoria.
Watch what they do, not what they say.
For the record, I’ve called every major market turn for the last 10 years, including the $111K BTC top in October.
If you missed those calls, don’t worry. I’ll call the next one too.
Turn on notifications. I’ll track the smart money shorts and call the breaking point here publicly, like I always do.
@OInvests Yep one of the key 0.61 retracements. We need to be aware that it could be an Impulse down if we break 184.76 and I would expect another wave down. The high as an overshooting B/X could also be possible, Then we would go back to a new ATH. In this scenario the 142 fits better.
$NBIS : $140-160 is a possibility.
Yesterday $NBIS closed below the 50 SMA after failing to reclaim.
Volume was heavy in the selloff.
The 21 and 9 EMA are curling down.
Support sits in 160s, the 150 SMA sits at $142.
The company hasn’t changed but I do think from a technical perspective there’s possibility to see $142-160.
@TheLongInvest They both are just corrective so far, no impulse yet. So either they are already done or we need them lower first, if u want to be sure about a second wave down.
$MU is about to complete its Wave A pull back
Relief bounce for Wave B next (exit liquidity bounce)
Followed by a further leg down for Wave C to our target.
Standard and following $PLTR exactly
And like all positions that have completed their impulse wave higher
$MU has been textbook
No different than any other position that came before it
If the Nasdaq fails to break above 850, a pullback to the downside is likely. We may then see a second upward wave. Overall, however, it’s reasonable to expect that we’ll need to make new lows, since the last low could be an undershoot B wave. $Ndx