TLDR:
- Santa Baby!
- Price is going to rally starting next week
- Wave 5 of a larger degree wave 1 will complete by year end/1st week in Jan
- Retracement will be last chance to get price at these levels
- Price is fractal and is rhyming in structure
- Happy Holidays!
Trade active
Just going to leave this hereTrade closed: target reached
BTW- the above post will get lost in the sea of updates over the next few months but best believe i'm going to repost it in May :)Note
Morning!Casino will be open later
Based on our weekend updates it pretty clear what we are looking to see in the near future
Just get ready people
M O A S S
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Thinking we see the following movement on a micro level in the near termLets see
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And thats a wrapTwo words: Tick...Tock
M O A S S
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Morning!Casino will be open later
Not much to say other than we expect continued movement higher
M O A S S
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PSA:Had a few people ask behind the scenes if it was ok to share our posts?
Absolutely!
We aren't hawking a service or asking for your money so share away
There are a lot of people trading this on hope and nothing else, so the more we get people looking at this more objectively the stronger the trade will be for us all
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And thats a wrap!All in all a good day considering this was the day before a holiday and a short day at that
Shorts are in B I G trouble people...and you are about to see just how much trouble they are in
Those vertical dotted red lines are about to show EXACTLY why they are special
M O A S S
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Morning!Casino will be open later
Things are about to get rrrreeeeaaallll spicy over the next month
For now i'm expecting price to make its way to the 33 level then 35
M O A S S
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Price is extremely strong right now and we have made our way thru resistanceLets see where we pullback at
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Ok this is how im seeing things for nowNote
For clarity, this is how we see this playing out nextNote
Expecting price to find a bottom somewhere within this box before we make another push higher towards 35Note
And thats a wrap!Well we told you that we would see a santa clause rally :)
But the party is just getting started so buckle up
Fully expect them to short this down as part of Max pain related shenanigans tomorrow so dont freak out because as you see by the charts we are expecting a pullback
M O A S S
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Morning!Casino will be open soon
In the near term we are expecting price to pullback a little more before we make another move towards the 35 region
M O A S S
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Ok we've pulled back to the support zoneLets see how much further we drop, if at all before we turn higher
FYI- we are pulling back due to broad market weakness more than anything else..
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Things are progressing as expectedAs long as SPX holds the low it made today then GME should too..and naturally if SPX does decide to make another low GME probably will too..just a heads up
Assuming the low is in though we should be on our way to 35 and maybe as high as 40 before we see another significant pullback
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And thats a wrap!FANTASTIC WEEK!
Price sticking pretty closely to the Elliott Wave script right now so things are looking fairly clear to us
Should see this run up to the 35-40 region next week and then we should see a pullback to near 30
That pullback will act as a FUSE LIGHTING and when it completes we should see things go fairly parabolic and price should head up to around 70ish
Get ready people because the second to the last chapter of this MOASS story is about to begin
M O A S S
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Disclaimer
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.