Top Targets, Market Cap, Fundamentals & Talking Heads: 43-49
Have a trade plan: 49-55
Indicators: 49-60
KEY DATES:
01/21
02/03
02/20
03/10
04/21
04/28
05/30
06/09 (MOASS)
06/23
07/09
Trade active
Was going to drop this tomorrow but here are major points im watching for this coming week
Trade closed: target reached
PUBLIC SERVICE ANNOUNCEMENT
STRONGLY feel a downside move in the market is imminent..most likely tomorrow
GME structure leaves open the door to another push lower
I expect this to look something like what we got last TUESDAY (01/14)
They still have I believe 400k shares out on borrow as I type this and I expect them to use them
This should take us down to the MAIN green VWAP
AND THAT WILL BE THE POINT WE EXPLODE FROM
Again expecting this decline to last for only a day..then...
BOOM!!!
Note
Morning!
Casino will be open later
Now we wait
MOASS: 06/09 - 07/09
:)
Note
Now you see why I put out the PSA
Just think of the price as a fuse and the closer it gets to the Green VWAP the closer we are to BOOM
Your patience will be rewarded soon
Note
Price responded to the green VWAP just like I anticipated
Lets see if todays low holds
But at this point that bounce showed me that the Green VWAP will indeed provide a floor for us
All we need now is VOLUME...tick tock
Note
And thats a wrap!
Can you feel it?
Tick.....Tock....
MOASS: 06/09 - 07/09
Note
:)
Note
BTW-
With how nice this bullish price structure has developed a post from a certain someone would cause CARNAGE to shorts
Note
Morning!
Casino will be open later
Tick......
MOASS: 06/09 - 07/09
Note
BTW- still strongly feel a downturn in the broader market is imminent
Always hard to call exact days buts it looking like Friday/Monday should see basically a flash type crash like what happened with the last Bank of Japan interest rate decision (Yen Carry Trade shenanigans have "circled the block" on the market)
Oh and remember what I said in the weekend update about them AFTER THE FACT trying to come up with a reason for the swift decline, when I've told you IN ADVANCE #elliottwavetheory
Note
Take note of the indicators
Watch how they respond over the next week
I have a feeling everyone is going to feel A LOT BETTER after 1:45 today :)
Tick.....
Note
Hmmnn
Note
Feel it yet?
Note
Watch this
Note
GOING LIVE ON YOUTUBE
Im not doing a play by play...we are just going to watch together for the rest of the day
Note
And thats a wrap!
Saw some good initial strength and then SPX weakness rained on our Livestream watch party..until the last 5 mins :)
I think you can see whats coming though
Tick....
Note
QUESTION OF THE DAY:
Where will GME be if/when SPX makes another move lower
Note
It may not seem like it but this where we are headed
Note
PSA:
For anybody who cares and is bored I will be live streaming at Market Open tomorrow
That time period we were watching between 1:45 and 2:45 WAS significant and the movement at the end of the foreshadows what's to come
I'll also be reviewing the Market as a whole and will definitely be happy to pull up any charts you guys are looking at and give some thoughts..
Note
Tock...
:)
Note
Time for another episode of Heartbeat Trading interprets the The Cats tweets:
IMHO his latest tweet is foreshadowing the MARKET DROP that I have been predicting for weeks
The drop that came after Jan 2, 2000 was VERY BRIEF and only lasted a couple days...sounds very much like what I have predicting and saying almost every other day
BTW- In last weekends update I predicted that he would tweet in the next couple days after (was thinking night before inauguration) my update
Told you I figured out what he was doing
:)
Note
Morning!
Casino will be open shortly
GOING LIVE ON YOUTUBE TO DISCUSS THE LATEST
MOASS: 06/09 - 07/09
Note
Not expecting price to make it much higher than 30 over the next couple of days
Fully anticipate the broader market crashing end of week into the next
Definitely think thats what The Cats tweet is foreshadowing
GME will be affected and will see a push to lower support and then we BOOM from there
Wen Moon? Next Friday into the week of 02/03 is fireworks
The Livestream covers this in exhaustive detail :)
Note
Remember this chart of SPX from Yesterday
Look at it today
Note
I want to reiterate what we are expecting if/when SPX moves lower
Note
You should be on HIGH ALERT right now!!!
Note
When that RED VWAP breaks on SPX...LOOK OUT
Note
Note
Similar RED vwap for emphasis on GME..
A break of those vwaps for both GME and SPX is your signal that the move lower has started
Note
Note
And with that move down all my trailing stops triggered and im out for now
Like I told you on the live stream I plan to go back all in at somewhere near 25 ish
I plan to do the exact same thing when we run up to 70ish ("sell the rip, buy the dip")
Not financial advice but just showing how I trade my own analysis
Note
DONT BE FOOLED...BE CAREFUL WITH SPX!!
Note
And thats a wrap!
Elliott Wave Theory is about to shine right here
This is a BULL TRAP if I ever seen one..
Could I be wrong? Well of course
Just watch....
MOASS: 06/09 - 07/09
Note
HIGHLY SUGGEST YOU WATCH THE LIVESTREAM FROM EARLIER TODAY
Its about to look and feel ugly across the market..STAY CALM
It breaks down exactly what to expect over the next week and near future
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.