Trump stirring Iran stuff to shake out the market and set up a bigger rally. Nvidia $NVDA looks ready for a technical bounce, along with all the others.
Expect chop then higher moves if the dip plays out as planned. Trump is doing this for one reason and one reason only: Markets have stalled at these levels, the AI trade is getting deleveraged. Put/Call ratio is at record lows = Nobody is short. He needs a dip and ensuing VIX spike in order …