$NVDA is good for the long-term, but nothing is stopping this crash
$NVIDIA Corp(NVDA)$ just added to the Dow Jones! - right as the index completes its 15-year rally with clear 5-waves up from 2009.
Expect the $.DJI(.DJI)$ to erase all of its gains from 2022—and then some—with a potential 40-60%+ decline.
Take a wild guess what that spells for NVDA …
$E-mini Nasdaq 100 - main 2412(NQmain)$ $E-mini S&P 500 - main 2412(ESmain)$ $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Apple(AAPL)$
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NVDA is good for the long-term, but nothing is stopping this crash. 3rd was shorter than the 1st. 5th is 61.8% of the 3rd.
If this 5-wave diagonal does not jump out for you, you need wayyy more screen time.
Another high to 5900-6050 starting next week. But no higher than 6118.34.
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