What Is a Short Squeeze? A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price KEY TAKEAWAYS *A short squeeze accelerates a stock's price rise as short-sellers...
What Is a Short Squeeze? A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price KEY TAKEAWAYS *A short squeeze accelerates a stock's price rise as short-sellers...
Tips: *** SPX'S Index is in a peak/correction mood!!! ***This could turn out to be, not a short squeeze!! rather a crashing stock !!! ***Or my work could be just wrong !!! What Is a Short Squeeze? A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even...
The date of the study, September 8, 2020 Titled " SPX 50 Days MA, the line's relationship with price. (VERY OUD) ""
Last Thursday, March 4 we registered the lowest reading since 2001 with success rate of 64%: 51% @ bottom / 13 % before one. Using just one indictor is risky. We are up a bit to last October/September readings of 2020
Megaphone = Broadening formation. If this plays out, new ATH coming soon.
about to break out.
Or we could be in wave three of March's low, and i am just wrong.
Even with futures up, this so far looks like a 3 wave structure on 1H chart.
The distance between the two lines at the time of Bullish/Bearish break out is the target destination of price.
The probability of it, not known no history to track & check for success rate as with our other studies. Just laying down the chart & you make up your mind. We might still have one more leg up "or not". I could be very wrong like big time wrong. But, nevertheless it is a possibility that we should not ignore . It is a probability that we should "observe" to say...
To early to be sure, this pullback/correction is still young to have a clear count for it.
Nothing noticeably important here, or i could be wrong and this is it ;-)
Usually we get Gaps in a 3ed Elliott wave or in "C" wave which show the strength of that wave In our case , since March low we are getting more gaps in wave 5 than waves 1+2+3+4 !!!! not good indicator that we have the right count !!! it is very possible that March's low is basically still corrective and this is wave "B" and we re in wave "C" of it....
Fibs are the key here, even sometime they fail us nevertheless they are out best tool here. have a great week end everybody. wish you the bes.t
No chance, does not make sense at all.
Big sharks are feeding on insurance (options) and those who are shorting with out Managing their Risk. Too many counts on the table to favor one over the other right this moments today. the only thing they are all pointing to is a a correction is coming regardless of anything out there just pure Elliott wave count. of course catalyst is needed to accerealate ...
I could be wrong, we could be in the middle of something bigger and we need time. Or , we could be crashing already time will till we shall see.