$NIKKEI just wicked to the roof resistance line in no time and rejected. It did in a short amount of time what $SPY tried to achieve the whole day today. This is called efficiency. See yellow marks.
The rooftop is in place, and most indices and major stocks (e.g. $NVDA $AAPL etc) are putting lower highs similar to this structure. The path is clear.
I will unlock and link to a very important $NVDA analysis video if this post can get 25 retweets/shares.
Share & Subscribe, <link in bio>:
$SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY
$XHB Homebuilders Danger Zone โ ๏ธโ ๏ธ
The relative performance of $SPX versus $XHB has now reached levels that preceded major market corrections every single time in the past. See the chart attached.
Pay attention to the red circles and highlighted boxes. This setup appeared near the:
โข 2022 top
โข Oct 2018 correction
โข COVID collapse
โข 2011 selloff
โข GFC years
The chart speaks for itself.
How to benefit from this setup? I left one paragraph out of this article, and is only available to members at the link below. I will unlock this paid article if I see 20 shares on this X post, I am confident this can be done in no time.
https://t.co/B7joAlP0E0
Share & Subscribe, <link in bio>:
$SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY