Recession is just starting and the Sox bubble comes to an end

Well recession started since Q1 and yes, Q2 will be ugly too

Considering lowering of bitcoin.
Considering lowering of Nvidia+AMD stocks earnings
Considering lowering of TSMC, ASML earnings

+ end on market multiple

Then Sox have to sink deeply to 550.

The lowest value in 2009 is 168 so it's still 3 times higher than the lowest point and rich will remain rich. But latest buyer will suffer

Thanks for checking my other insight and have nice trade