Big techs final melt-up is coming before a major crash, strategist warns
Macro strategist Henrik Zeberg has warned that Big Tech stocks may be entering their final powerful rally before a sharp market collapse. In an X post on September 20, the strategist argued that the technology sector remains in the late stages of a bubble that could eventually unravel dramatically. According to Zebergs latest analysis of the FAANG-focused U.S. Big Tech Index, the sector is still positioned for another strong advance despite growing concerns about the broader economy. However, he believes the move higher will mark the final phase of the current bull cycle before a severe correction takes hold. Discover more FINANCE Crypto exchange comparison Printing & Publishing Nasdaq chart. Source: Henrik Zeberg The strategists outlook suggests the Nasdaq 100 could climb to between 37,000 and 39,000 in the coming weeks or months before reversing sharply. He projects that the index could eventually fall back toward its 2022 lows near 10,600, implying a decline of roughly 70% from the eventual peak. His analysis indicates the current uptrend remains intact, with the FAANG Index potentially heading for one final rally before a major reversal. Zebergs outlook also highlights bearish RSI divergences, a signal of weakening momentum despite rising prices. He maintains that technology stocks can continue advancing in the near term, even as broader









