SPY’s up. But internals are cracking. RSI over 80. Stochastic signals stalling. Price action’s heavy. Hedge funds dumped $60B in index exposure last week. Retail’s still chasing. Fed’s rate cut already priced in. No upside surprise left.
One of the most predictable U-turn points in the market is when the price approaches a previous all-time high. More often than not, it forms a double top or reverses just before reaching that level. It’s better to panic near the top than at the bottom.
As predicted two days ago,… pic.twitter.com/nlpBT3tAAd
— optionGeek (@StockShark16) August 7, 2025
Bearish Engulfing candles on the weekly charts have been highly effective signals over the past few years. So far this week is the minority. pic.twitter.com/iz6XGJSOr7
— Michael J. Kramer (@MichaelMOTTCM) August 7, 2025
Tim Cook, Sam Altman, and Larry Ellison are all playing politics by announcing billions in investments in the U.S., but in reality, they're silently buying time through the midterm elections next year.
They don’t even spend more than $5B here. The talk of hundreds of billions is…— optionGeek (@StockShark16) August 7, 2025
Billions paid by Americans.
= Tax on goods to Americans.Nothing is “flowing in” from abroad https://t.co/MQwWFbpFNz
— Henrik Zeberg (@HenrikZeberg) August 7, 2025
AI models already pulled the plug.
“Grok 0DTE: ‘momentum long’ → ‘neutral hold’ (Aug 6). xAI: ‘breakout bias’ → ‘cash’ (Aug 7). YXI flagged reversal risk at $6,331.” https://quantstrategyllc.com/spy-nears-record-highs-how-investors-can-navigate-resistance-and-lock-in-gains/