Well. Interesting theory. What if the rounding top happening with the 
XLF will precipitate 
GME to the moon? Or visa versa?
An outside event that causes a desperate need for capital could cause hedge funds to liquidate short positions. Or perhaps a reversal from the feds to QE from QT because we're at risk of a recession, signaling cheap capital is coming and causing the demand to ratchet up the price.
No opinion; just thought it was an interesting correlation.
XLF will precipitate GME to the moon? Or visa versa?An outside event that causes a desperate need for capital could cause hedge funds to liquidate short positions. Or perhaps a reversal from the feds to QE from QT because we're at risk of a recession, signaling cheap capital is coming and causing the demand to ratchet up the price.
No opinion; just thought it was an interesting correlation.
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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.