End Game Outlook E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! Throwthethrowaway11 I believe an incredible amount of volatility is preparing to enter the market akin to 1929 and 1987. These beliefs are my own and not to be interpreted as financial advice. I see a significant risk of inflation looking forward. My updated chart shows the market entering an area rife with resistance. I believe a correction is in order to either the black or red support line in May. Afterwards, I see a final push till August. I am of the belief that the weekly RSI resistance will hold. There is very little structure on this chart which creates immense downside risk. Exhibit A: https://squeezemetrics.com/monitor/dix The incredible swings in GEX have not historically been witnessed since the inception of the indicator. An incredible amount of mounting pressure is building in the options market. Exhibit B: https://www.currentmarketvaluation.com/models/buffett-indica... Many choose to discount the buffett indicator as outdated. I believe this to be a critical mistake. While times have changed and the indicator may be somewhat miscalculated, I personally find it to still be an excellent quick look indicator view at the extremes. We are well beyond the extremes. Exhibit C: https://www.finra.org/investors/learn-to-invest/advanced-inv... and https://www.advisorperspectives.com/dshort/updates/2021/04/1... Margin debt has been sky rocketing and investors are extremely over-leveraged. More so then the capital they have to put up as collateral... This is a powder keg situation simply waiting for a spark. This creates a "panic" setup, where only a small correction can lead to a massive waterfall as margin calls occur and over-leveraged investors get wiped out. Michael burry has cited this data as well and discussed how a market crash is on the horizon. I don't believe in trusting others opinions on the market but when Dr . Burry shares his opinion, I do my homework. Exhibit D: https://www.isabelnet.com/median-sp-500-stock-short-interest... Bears have been decimated and the market is in a state of euphoria. Everyone believes the "good times wont end" and that the market cant go down. BTCEvery man, woman, and child with an internet connection has a fresh hot take on the next big stock to pick. (shoeshine boy much?) Exhibit E: The inverted yield curve has been the best indicator for a recession since its inception. I have linked the URL to a trader who mapped it out extremely well with excellent points. Full Disclosure, I am positioned in UVXY . I am holding/waiting to add heavily in August. Trade smart and be safe. S+S TTT