Alex perp

I dont over trade and I do not chase

If we love in Faith, Hope and Love we are truly free. We are free from fear, from worry, from anxiety. We are free to be and become who God created us to be and who we want to be.

ES under 7546 will target the old QP at 7508. 7546 is an outside reversal week, month and quarter, I would be VERY careful picking bottoms under there. NQ the major price is 28088 the 200 day MA. Under that we target 27277. be careful, do NOOOOT step in front of a running freight train. Treat this as a business.

NQ is coming very close to the 200 day MA. If the NQ closed below 28300 it is officially in correction territory.

The tech bubble started in 95-96 when Netscape went public. It countinued when capital poured in and exploded in 98-99. I began trading NQ in 97. In 99 as we rallied every day to new highs, I focused on my process and my process alone. I didnt know enough about anything else to get in my own way yet. In March of 2000 the bubble burst. The high of the NQ was 4882, by Oct of 02 we made a low of 790. That is the biggest break in the market since 1929, the NQ broke 85%. It took almost 17 years and trillions in QE, credit expansion and artificially low interest rates to achieve that price again. There are some similarities between that and the AI bubble, there are differences. However, the geo-political situation today is MUCH more precatious then then-that is the wild card. BE CAREFUL!!!!!! I know I know, every dip is bought, BLAH BLAH FUCKING BLAH. It is till it aint. Be careful. Cash IS a position. If I am wrong, I do not care. I would rather deploy capital at higher prices then to lose a significant part of my net worth in a true bear market........ I would ALWAYS ALWAYS rather give something up on my reentry than to average in a loss. Have a blessed weekend!!!!!! None of this is financial advice, this is my own direct experience.