Wes Pike
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Financial market analyst specializing in wave theory to quantify and project market movement. Skilled in forecasting across a broad section of securities including the main stock indices and ETFs, popular individual tickers, major market cap crypto names, and the shiny metal/miner industry.
QQQ Daily update
"Double" negative RSI divergence as less and less stocks participate in this terminal move. Since we *did not* get that healthy pullback this summer, this has been turned into a monster bubble of a much much much higher degree. I do think April 2025 lows can be challenged. I never would have said that earlier this summer if we had simply made a normal and to be expected pullback. Nothing is normal about this market right now.