📉 Was last week's peak the last one?
Bobby Molavi, the head of macro trading at Goldman Sachs, reveals troubling signals indicating the beginning of a market reversal after a wave of record highs.
🔍 Warning signs:
1️⃣ "Everyone's on the boat" – an uncomfortable overbuying condition
• Institutional investors are accumulating long positions with double hedges
• Individuals are buying everything indiscriminately
• Hedge funds are increasing their positions, and CTAs are returning to buy non-aggressively
💬 Notable quote: "They are buying excessively… and wishing they had bought more"
2️⃣ "Exhaustion" candle – a bearish technical signal
• Appeared on a basket of high-momentum and yield stocks
• Resembles a shooting star or an inverted hammer
• Buyers pushed the price up, but sellers pulled it down hard to close near the open
⚠️ This pattern often precedes a sharp reversal in trend
📌 The result?
• Psychological and technical signals are converging at the same time
• High likelihood that the market has reached a short-term peak
• Correction or pullback may be on the horizon
📲 Follow channel #CryptoEmad for unfiltered analyses and real market narratives
#MarketReversal #InvestorSentiment #TechnicalWarning #MacroSignals