SPX will be toast, and literally EVERYONE is talking about capital rotation into gold. Interestingly, look at your chart's RSI at SPX's last highs. Hardly at the same levels to previous crashes. Similar with MACD.

If you check resistance levels all the way back from 1929 we're approaching some seriously bouncy ground. SPX does have further to fall though, and HAS to fundamentally also with this 90-day tariff malarkey.

But you're a macro guy. Throw in the long-term credit cycle, plus how history shows we have a blow-off top before we go pop, and we look like we'll have a fake recovery starting in July followed by a blow-off top which takes us into that April-June 2026 area before that train wreck where we collapse. Plus, knowing "pump and dump" Trump and his attachment to ego, you think he's not going to ensure SPX booms to reflect on him? That'll be the nail in the coffin.

Gold will uber-perform then. I think the more interesting question is Bitcoin versus Gold's performance come then. Bitcoin has shown some recent signs of decoupling, but when enough shit hits the fan will it stick more to Gold or Bitcoin?

Certain colluding miners + Saylor + CoinBase + BlackRock: What will they do come D-day? Us diamond hands are minnows.