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$SPX What if the S&P 500 is in 1994, not 1999-2000?
Q1 1994: -4.44%
Q1 2026: -4.63%
Both pullbacks occurred 4 years deep into a fresh bull market cycle (1990-1994, 2022-2026) with our indicator forming a W pattern
After 1994: markets went up in a straight line without ANY pullbacks for 5 yrs & in 1998 the 3 month RSI reached the most overbought level since 1929 (see slide 2)
Right before the dot com bubble
Look at the 3 month RSI of $SPX with your own 2 eyes... We are NOWHERE CLOSE to the same overbought levels of 1929 & 1998
So to all you permabears who keep yapping about 1999-2000 (yes i'm talking to you @michaeljburry) let me say this very clearly
YOU CANNOT GET A 2001 STYLE CRASH WITHOUT A GIANT RUN UP TAKING PLACE ON THE 3 MONTH CHART WITH THE 3 MONTH RSI
Anyone telling you we are in 1999-2000 is just a pure cope permabear, here's the REAL TRUTH:
1. We WILL see a 2001 style correction
2. But it will be after the $SPX puts up a record setting rally, the kind where we run to 22,000-30,000+ & probably see 2027-2032 go down as a record shattering bull market!
3. WHEN 2001 pt. 2 happens after the Ai boom, it will be in the 2030s & SPX will probably fall to 10K-12K
4. By the time that unfolds, $SPX and in extension the overall stock market will be giving you the best buying opportunity since 2009, NOT 2020, 2022, or 2025... 2009!
Stocks will run a lot higher for the next 6 years, we will get rich & be able to enjoy & reap the benefits of the Ai boom in our portfolios, watching Ai change the world and in extension, our lives... for the better
And then we can buy stocks on discount afterwards and then keep the bull market going into the 2040s