L/S trading $SPX $ES monitoring multiple markets sharing stock ideas ,technical charts and thoughts.
All posts are for entertainment.
No financial advice.
@FroehlichThors1 No real meaningful resolution to the Iran crisis and change of narrative before the next cpi/ppi release by the 14th…..which guess what?
Will lead to Warsh staying true to his words and raise rates
@optionflys What i see is that very naturally and easily we correct to 2027 to as low as 3800 in an extreme scenario or 4800-5000 before the real blow off top to your targets.
@ElephantCapita2 Yes but can in any scenario absorb the flows of a correction in semis and the AI trade that will inevitably fail-correct at some point?
Impossible imho hence the lower end numbers suggested once it is allowed to happen
@ElephantCapita2 For such a rotation we need an economy that literally flies and how can this happen without the high growth stocks that lead the rally?
@ElephantCapita2 No way we go to 10000 without revisiting the 4800 area at least, with the pre covid crash highs being a possible generational low before 10000