NQ - That's about it?

When NVDA surpass AAPL in market cap, the clown fiesta is ready to conclude itself. The ration of CME_MINI:NQ1!/CBOT_MINI:YM1! has far surpassed its high back in the dot com crisis, and the collapse is a matter of time.

When we have both S&P and Dow Jones underperform Nasdaq that much, and we have a crazy high concentration on mega market cap companies, it's obvious a huge pullback, or recession, is on its way.

Not only the "Mag 7", Nasdaq is solely a casino for "semiconductors". Everything else is seriously irrelevant to the index movement at all.

Thus, I believe this shall be the ultimate chapter for a crazy long bull run, and bears will be back.