Sell EWY by Aug 3, 2026.

Chips stock are following pre-COVID pattern of concentrated run up in tech then collapse. Longs confuse price action from momentum trading algos as being meaningful with confidence. The math bulls fail to understand is that an entire economy can't be held up by tech. Wages are stagnant for most areas ex healthcare. Source: [https://www.atlantafed.org/research-and-data/data/wage-growth-tracker](https://www.atlantafed.org/research-and-data/data/wage-growth-tracker) Job growth is also stagnant, sources are on X. AI spending is supposed to be the reason we are bullish, yet no one can explain or …