CHARTS_CCI_SYSTEM

[gdl]

NVIDIA - AI chipmaker SMASHES EARNINGS AND EXPECTATIONS. New all time highs in after hours. Over 20 percent in one day!
This should help the general market to find an excuse to rally hard.

Yellen, the consensus she is faking a deadline of June 1st but most analysts see this as a real possibility. IF the deadline is ATER June 15th they can find enough new revenue to delay the default. I don't think that is realistic. Seems the market will hold off on any big drop to an actual default is here. Like a Pandemic no one believed it was coming. My patience is strained as it was waiting 5 torturous weeks for the Pandemic to kill someone in the US.

My best bet is June 7th thru the 12th we get a really nasty fall. No real data to prove this but I actually think we hold up well till that date. I think Yellen will not be able to find enough revenue to last till the 15th. A pure guessing game. not on the outcome for me but the date we start a hard fall.