Reminder of the Bear Risk at All Time High

Here’s an old post from early 2023 in which we discussed the risk of a new high forming inside of the macro top forming.

Let's talk about the classic bubble model - by HoleyProfit (substack.com)

Now we’re at the new high, I feel this is worth repeating.

Granted, I do not think we’re at The High right now. I suspect we have a bit more to go. But not too much. 5200 or so is my target short area.