Gold went parabolic. The aftermath resulted in a 10% loss (at the least).
The NASDAQ is seemingly also going “parabolic”. A resulting collapse in price of at least 10% is predicted. But from the peak price point where that occurs has not yet been determined. But the more it goes up without pause, the more likelihood that a subsequent price collapse will occur. In other words, if you are one who is rooting for an epic price collapse, then you should be rooting for first a parabolic rise which seems to be happening. The recent parabolic rise is not long term bullish, but bearish is the argument. Getting the whole world convinced on the same side of the trade at the same time.
See what they do, not what they may say. It’s been overwhelmingly one-sided to the upside concerning equities.
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