GME 7 Weeks Short, 4 Weeks Runup, 1 Week Turnover - A Clear Cycl
Updated
Here is the GME chart.
Vertical lines denote starts of periods. I have some fun triangles too just for giggles.
You'll see here a clear pattern. 7 weeks to short, 4 week runup, 1 week to I don't know what, restart the short cycle I guess. Given that the total is 12 weeks (approx quarterly) I think that fits pretty well with the quarterly options expiration. I don't really understand the cycles all that well but this DD is probably helpful to reread: reddit.com/r/Superstonk/comments/pb22oj/the_puzzle_pieces_of_quarterly_movements_equity/
Obviously we had two runup cycles back-to-back with 1 week in between in Q1 2021, and so I have PREDICTIVELY included 2 cycles for Q1 2022 as well. This decision is running loosely on the back of some DD I can't recall that showed the options/ETF cycles occurred twice in January.
It is ENTIRELY possible that the early cycle in March doesn't occur this year and that subsequently we are in week "1" and running headlong into a 7-week short cycle. It's also possible that as I laid out, we lead a second 4-week run-up starting 2/25.
Vertical lines denote starts of periods. I have some fun triangles too just for giggles.
You'll see here a clear pattern. 7 weeks to short, 4 week runup, 1 week to I don't know what, restart the short cycle I guess. Given that the total is 12 weeks (approx quarterly) I think that fits pretty well with the quarterly options expiration. I don't really understand the cycles all that well but this DD is probably helpful to reread: reddit.com/r/Superstonk/comments/pb22oj/the_puzzle_pieces_of_quarterly_movements_equity/
Obviously we had two runup cycles back-to-back with 1 week in between in Q1 2021, and so I have PREDICTIVELY included 2 cycles for Q1 2022 as well. This decision is running loosely on the back of some DD I can't recall that showed the options/ETF cycles occurred twice in January.
It is ENTIRELY possible that the early cycle in March doesn't occur this year and that subsequently we are in week "1" and running headlong into a 7-week short cycle. It's also possible that as I laid out, we lead a second 4-week run-up starting 2/25.
Note
No update just saying it still looks good. Current week should be turnover week for the variance swaps and short positions, with ETF rebalancing and OPEX in the mix. Next week may start a 7-week dip.Note
The rip continues. What more to say? There's no price target, just up. Alternatively, if the rocket doesn't take off, we're headed into a 7-week downswing.
Note
Boy those lines sure look predictive.
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