@DaveHcontrarian@m24ffa@Diego1357342 He’s showing you the chart because it implies another two years into blow off top….
I’m hoping it comes within 2-5 months..assuming rates have already topped..
@DaveHcontrarian@A13xJones@0j010209@branonedwards 2-5 months for semis
9-11 months for metals
Referencing real life charts not a forecast
Got to make sure your followers don’t blowout their accounts with options on a 3-6month forecast
@Ethan06802140 I’m not confident..even if they have topped.there should at least be a takeout bull trap back above 5.1%…
But if they have topped..this stock market decline is initially normal followed by a blow off top
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Asian Financial Crisis
Russian Debt Default
Dot-Com Bust
2008 Financial Crisis
Covid Crash
Those are the only other periods since 1994 when semiconductors fell at least 17.5% in five days.