1/x After Nasdaq's death in Feb/Mar, SPX/Dow continued their march just like I predicted. Now these indices are in their terminal meltup mode. In a month or two SPX will likely join Naz. Could be from much higher levels. 2 important lifetime pivots ahead

2/x This reversal will likely be associated with a big bond event which will put the last nail in FED's coffin. VIX hits 100. FED launches a twist program, prints more, all will be wasted in purchasing long end (the more they print, higher yields) as worldwide mass exodus begins

3/x Equities will stabilize during the twist but not recover, they will chop around for months , those who were margined to the chin would be wiped out during the first impulse. Most retail will wait for a recovery and hodl, they will eventually forced to sell months later.

4/x At this point, Naz will be in a brutal bear market already, and I think most altcoins will go to zero. BTC may continue higher along with Gold as de-dolarization accelerates

5/x This is a big picture stuff so day to day action in coming days doesnt have much meaning. There are only two things that can change this scenario, one is raising rates, right here right now, rather dramatically the other a big multinational war in which US hold the upper hand

We are on the verge of the biggest wealth transfer event of the century