Markets are perfectly synced right now. This is notorious bubble behaviour. The odds of a melt-up are increasing quickly but with the crazy increase also comes with increased volatility. Big Swings to be seen in the near future (within 6 months)
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Volatility will be increasing so big moves could happen within as few as a few weeks. By big moves were assuming at least 200 percentage points on the NDX (+-2.00%)
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last time we saw a move bigger than 2% was back in January during the last bottom.