[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  King of the Charts - I Cracked the Bitcoin Code [@ChartingProdigy](/creator/twitter/ChartingProdigy) on x 28.5K followers Created: 2025-07-02 05:35:09 UTC . Trump's Big Beautiful Bill Could Trigger One Big Beautiful Stock Market Selloff Trump's Big Beautiful Bill Could Be a Buy the Rumor, Sell the News Event. It could could be the catalyst that triggers One Big Beautiful Selloff. We could see profit taking at key resistance and short sellers ganging up on the market. The market could rally when it passes the House and selloff after President Trump signs it July 4th. Could the Big Beautiful Bill be the catalyst for a selloff? Maybe. Why? Due to concerns about growing government debt levels. However, the middle class tax cuts could be a catalyst for the next rally after the pullback. Hopes that that money makes its way into markets. While this bill does make some cuts it is not nearly enough to stop the coming debt crisis. Government spending is out of control. The government is still running about X trillion dollars in deficit spending each year. The Biden Administration was recklessly deficit spending by X trillion a year and the Trump Administration is on the same trajectory. Neither political party has the political will to do the right thing, so there will be a debt crisis in just a few years from now. That will likely occur sometime in the early 2030s for reasons that would take me a while to explain, far too long for a tweet. The two political parties are going to give us the next great depression at some point in the next decade During the pandemic, government spending increased by over XX% per year and that is now the new norm for spending levels each year in Washington. They increased spending levels during the pandemic and kept them elevated after the pandemic ended. So we could see the stock market possibly selloff on concerns about rising debt levels if the bond market has a negative reaction to the bill being signed into law. Later on, after a pullback, the stock market could have a positive reaction to the bill, in hopes that the tax cuts work their way into the stock market. The tax cuts in this bill are directed at the middle class, the extension of the 2017 tax cuts and new cuts, such as no tax on tips, no tax on over-time and no tax on social security. Millionaires and Billionaires don't live off of tips, over-time or social security. The people and politicians that are saying the tax cuts in this bill are for Billionaires are full of baloney and just making things up. The tax cuts are a good thing, but the crazy spending is not. They should reduce government spending if they are going to try and save the country from an economic upheaval without bankrupting taxpayers. A crisis is coming folks thanks to the corrupt politicians. The government needs to go on a One Big Beautiful Diet. There are good things in this Big Beautiful Bill, the middle tax cuts for one, but not enough spending cuts and way too much spending. These crazy politicians in Washington are a bunch of spineless jellyfish, that go on spending your children's and grandchildren's future away as they borrow future generation's money. They don't care about your children or grandchildren. That is why I"m not in either political party. Both parties have corrupt politicians in their parties that aren't interested in solving these problems. They only care about re-election. That's it. There are a few good people in Washington, but not many. Markets Could Initially Rally on the News but Followed by a Selloff For now this could be an excuse for a larger stock market pullback. The stock market could initially rally if the House passes it this week, but then selloff if there is a spike in yields or concerns about rising debt levels. So understand that this could be the catalyst for the selloff or maybe one of the reasons for the coming selloff. The bearish divergences that Forming on the hourly and daily charts could complete this week or by early next week. If they complete this week, that could mean that once Trump signs the Big Beautiful Bill, expected on July 4th, it could be a short term sell the news event. The narrative is that once it passes the stock market is going to really take off, when the S&P XXX has already had a XXXXX% rally since I called the day of the bottom on April 7th. Meanwhile, the NASDAQ XXX has risen about 38%. The stock market is overdue for a pullback. That could give the S&P XXX & NASDAQ XXX right shoulders on massive Inverse Head & Shoulders patterns and a wave X pullback. #BigBeautifulBillForBillionaires #BigBeatifulBill #trumptaxbill #taxcuts #congress $SPX $SPY #SP500 #Elliottwave #bigbeautifulscam $ES_F $QQQ $NDX #NASDAQ100 $NQ $NQ_F #inflation #Trump #FOMC #Powell #blowofftop $NVDA $VIX #stockmarketcrash #StockMarket  XXXXXX engagements  **Related Topics** [stocks](/topic/stocks) [trumps](/topic/trumps) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [Post Link](https://x.com/ChartingProdigy/status/1940283079169544494)
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King of the Charts - I Cracked the Bitcoin Code @ChartingProdigy on x 28.5K followers
Created: 2025-07-02 05:35:09 UTC
. Trump's Big Beautiful Bill Could Trigger One Big Beautiful Stock Market Selloff
Trump's Big Beautiful Bill Could Be a Buy the Rumor, Sell the News Event.
It could could be the catalyst that triggers One Big Beautiful Selloff. We could see profit taking at key resistance and short sellers ganging up on the market. The market could rally when it passes the House and selloff after President Trump signs it July 4th.
Could the Big Beautiful Bill be the catalyst for a selloff? Maybe.
Why? Due to concerns about growing government debt levels.
However, the middle class tax cuts could be a catalyst for the next rally after the pullback. Hopes that that money makes its way into markets.
While this bill does make some cuts it is not nearly enough to stop the coming debt crisis. Government spending is out of control. The government is still running about X trillion dollars in deficit spending each year. The Biden Administration was recklessly deficit spending by X trillion a year and the Trump Administration is on the same trajectory.
Neither political party has the political will to do the right thing, so there will be a debt crisis in just a few years from now. That will likely occur sometime in the early 2030s for reasons that would take me a while to explain, far too long for a tweet. The two political parties are going to give us the next great depression at some point in the next decade
During the pandemic, government spending increased by over XX% per year and that is now the new norm for spending levels each year in Washington. They increased spending levels during the pandemic and kept them elevated after the pandemic ended.
So we could see the stock market possibly selloff on concerns about rising debt levels if the bond market has a negative reaction to the bill being signed into law.
Later on, after a pullback, the stock market could have a positive reaction to the bill, in hopes that the tax cuts work their way into the stock market.
The tax cuts in this bill are directed at the middle class, the extension of the 2017 tax cuts and new cuts, such as no tax on tips, no tax on over-time and no tax on social security. Millionaires and Billionaires don't live off of tips, over-time or social security. The people and politicians that are saying the tax cuts in this bill are for Billionaires are full of baloney and just making things up.
The tax cuts are a good thing, but the crazy spending is not. They should reduce government spending if they are going to try and save the country from an economic upheaval without bankrupting taxpayers. A crisis is coming folks thanks to the corrupt politicians. The government needs to go on a One Big Beautiful Diet. There are good things in this Big Beautiful Bill, the middle tax cuts for one, but not enough spending cuts and way too much spending.
These crazy politicians in Washington are a bunch of spineless jellyfish, that go on spending your children's and grandchildren's future away as they borrow future generation's money. They don't care about your children or grandchildren. That is why I"m not in either political party. Both parties have corrupt politicians in their parties that aren't interested in solving these problems. They only care about re-election. That's it. There are a few good people in Washington, but not many.
Markets Could Initially Rally on the News but Followed by a Selloff
For now this could be an excuse for a larger stock market pullback. The stock market could initially rally if the House passes it this week, but then selloff if there is a spike in yields or concerns about rising debt levels. So understand that this could be the catalyst for the selloff or maybe one of the reasons for the coming selloff.
The bearish divergences that Forming on the hourly and daily charts could complete this week or by early next week. If they complete this week, that could mean that once Trump signs the Big Beautiful Bill, expected on July 4th, it could be a short term sell the news event.
The narrative is that once it passes the stock market is going to really take off, when the S&P XXX has already had a XXXXX% rally since I called the day of the bottom on April 7th. Meanwhile, the NASDAQ XXX has risen about 38%. The stock market is overdue for a pullback.
That could give the S&P XXX & NASDAQ XXX right shoulders on massive Inverse Head & Shoulders patterns and a wave X pullback.
#BigBeautifulBillForBillionaires #BigBeatifulBill #trumptaxbill #taxcuts #congress $SPX $SPY #SP500 #Elliottwave #bigbeautifulscam $ES_F $QQQ $NDX #NASDAQ100 $NQ $NQ_F #inflation #Trump #FOMC #Powell #blowofftop $NVDA $VIX #stockmarketcrash #StockMarket
XXXXXX engagements
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