Micron Technology - Bear Market Catalyst?Micron Technology, Inc.BATS:MUmarkrivestA trend change in Micron Technology (MU) could trigger a bear market for U.S. stocks. MU is one of the strongest leaders in the current U.S. stock bull market. It’s growth just since late March 2026 is 285%. The growth rate since April 2025 is an incredible 1,867%! There’s a clear Elliott five -wave pattern since the bottom made in April 2025. Within Elliott five -wave patterns there’s usually Fibonacci price and time relationships between the first and fifth waves of the pattern. When using Fibonacci analysis for stocks or markets with large percentage gains it’s more appropriate to compare growth rates rather than price points. The presumed Intermediate wave (1) had a growth rate of 111%, multiplied by the inverse Fibonacci ratio of 2.618 equals a growth rate of 290.59%. Adding a growth rate of 290.59% to the presumed Intermediate wave (4) bottom of 311.49 targets 1,216.64 as the termination point for Intermediate wave (5). The MU high on 06/22/26 was 1,213.56 a bull’s eye hit! There’s also a Fibonacci time ratio. Intermediate wave (1) took 11 – weeks. The presumed Intermediate wave (5) up from the late March 2026 has taken 12 – weeks. Close to the Fibonacci ratio of equality. Weekly RSI hints that a downturn could come soon. Please note weekly RSI bearish divergence vs. the late May 2026 – RSI peak. If MU soon starts a decline the Ichimoko Cloud shows a potential support zone. The clouds upper band is in the mid 300 price area which is near the bottom made in March 2026. Frequently when stocks have had huge price gains their valuation exceeds earnings potential. This is why when a stock comes out with a great earnings report – a strong bear trend begins. This is a classic example of buy the rumor, sell the news. The earnings report for MU comes out after the close of the regular trading session on 06/24/26. Be prepared for what could be the start of a big decline for MU and the broader U.S. stock market.