Long

Updated

MOASS: WC: 24.00 Target: 1800-2400 MOASS: 47k-100K

Topics:

Market Uncertainty & Selling
Price Structure
Next Major Targets
Significance of 1800-2400 area
Indicator Check
Blue Lines
March 10th & Dotted Lines
Next Week

MOASS: 06/09 - 07/09

A Reckoning is Coming :)

Trade active

Current count for those who are tracking

Trade closed: target reached

Morning!

Casino will be open in a few

SPX still finding its footing which has GME set to open lower

BUT like I said a bottom is IMMINENT in BOTH...

MOASS: 06/09 - 07/09

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Ok we are squarely in the Major support box that I drew weeks ago

That VPOC below is what will provide the support

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Remember..this is NOT organic selling..this is shorting on the backs of broader market weakness

As soon as SPX bottoms...WE RUN..watch

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Ok looks like they are targeting that VPOC

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Ok once we start heading higher then you can expect price to target the VPOCs above

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You can see the levels the Algos are targeting based on the VPOCs

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Smh at the VIX...whether you believe me or not this CLASSIC bottoming behavior.

This is nothing more than MMs juicing the volatility and shaking out WEAK HANDS

When this ends you are going to see an AGGRESIVE MOVE TO THE UPSIDE

This is a pure LIQUIDITY GRAB..nothing more

Ive seen this soooo many times..you just watch

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Like i said this morning the VPOC is what will provide support

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Here is another sign of bottoming behavior:

Notice your news feeds and the headlines...ALMOST EVERY HEADLINE IS NEGATIVE AND FUDDY ABOUT MARKETS

Ask yourself why that is when there is really NO NEW INFO TODAY..

Like I said..this is MMs JUICING VOLATILITY and SCOOPING UP LIQUIDITY from SELLERS

Again watch how the VIX drops off a cliff most likely tomorrow and thing start to RIP

When it does remember this post smh...this is so blatant lol

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Oh and of course I have been BUYING THIS DIP UP

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You can expect the VIX to drop similar to this by next week most likely

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Right down to the VPOC

AND THATS WHERE WE MOVE UP FROM

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If im lying im flying..anybody who went short this market based on this clear VOLATILITY JUICING is about to get WRECKED...remember i said it

We are about to a HUGE runup in the MARKET...and GME IS GOING TOO

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How do MM's and devious market participants "Juice the VIX"?

Read this for a good overview:

investopedia.com/news/someone-manipulating-vix-vxx/

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LOL TOLD YOU

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Like is said..that VPOC would be where we rise from

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Ands thats a wrap..and the cheating never stops

All that slamming the close end of day wont stop whats coming lol

BTW- notice there is a BLUE line that corresponds with tomorrow..wonder what that means? :)

AND remember in the weekend update that I said the GREEN dotted line meant change and would mean UP...YEP..we are about to RUN LOLA RUN

LETS GO!!!

MOASS: 06/09 - 07/09

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Morning!

Casino will be open later

Imminent bottom in SPX...and GME

MOASS: 06/09 - 07/09

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More VIX shenanigans this morning

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This drop in VIX is whats going to fuel the run we see

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Like I said..VIX shenanigans..looks like its close to being over though

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VIX Juicing 101 on the Jobs data..cant fool me :)

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This is a 1 min chart but look at the size of those volume nodes near the low

Somebody is buying

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Similar view for SPX

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Yep we are on our way it seems

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Barring any significantly lower moves this is how I see price taking shape off the low

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Notice the rise in OBV

Again this is a MICRO count...so we have to give it time to prove itself

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Notice the sheer amount of FUDDY articles that hit your news feeds (yahoo finance, msnbc, reuters, etc) at exactly the time the VIX started rising at noon :)

yahoo finance is especially blatant hahaha

They have been dropping fuddy article after fuddy article this for the last hour

Just take a look at their front page

Cant fool me :)

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Ok that micro count broke down which is why i said time is needed

They are playing the VIX like a fiddle have to wait for that to settle before we run

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PSA: I'm going to be posting a special intra week MARKET UPDATE related video tonight most likely

I'm fairly clear on what's about to happen in the market in general and GME will absolutely be driven by it

STAY TUNED

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Typical GME has formed another leading diagonal

They come with DEEP retracements so expect them to short this down by day end..BUT

This count should hold

:)

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Just like that micro target hit..lets see what we get though

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Well excuse me GME...dont let me understate your rise

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:) told you..cant fool me

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See how the 5th Wave extended MUCH farther than I anticipated

That is EXACTLY how MOASS will most likely play out as the Original squeeze and the micro squeeze in Apr 24' BOTH had extended 5ths

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Yeah its gametime

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And thats a wrap!

Get Ready Folks

MOASS: 06/09 - 07/09

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Going to save that market update video for later in the week folks. Trying to prepare some special charts and need more time.

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Morning!

Casino will be open later

Its all about Synergy with SPX right now

Lets see what we get

MOASS: 06/09 - 07/09

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Notice how the price has "ping ponged" between the VPOCs on the way down

That will happen on the way up as well

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Need to see if price wants to make another push below the vwap but in general this is how I see price taking shape

If GME wants to start its overlap game then wave 4 could be a lot deeper but the target areas for Wave 3 & 5 are still near those VPOCs

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LOTS of flat out price suppression taking place...this isnt shorts...this is MMs

have to wait it out

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Notice the difference in price action since 11

#pricesuppression

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BTW- why are MMs trying keep price from leaving the ZONE called out above?

Simple answer: MAX PAIN

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Only MMs can control a stock to this degree..shorts can only piggyback on what MMs do

The exception is Citadel who can play both sides :)

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They are so blatant sometimes its comical

We are still headed higher overall though

Watch how quickly after Friday we head to 24.50

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And thats a wrap!

This is MM VIX/Options Shenanigans..period point blank..they pushed this down OVER 5% from peak to low smh

In a nutshell the VIX has been in free fall since 10:30 yesterday yet SPX/GME have NOT RUN.....yet

The simple reason is when there is a runup in VIX this is based on large market participants taking on RISK (VIX is based on S&P Options activity)

When that fear subsides those MM's and Large Market Participants have to UNWIND that risk before they let things move significantly in the other direction...

That is exactly why you see this consolidation and/ or drift lower...they are unwinding that risk little by little

BUT when they are done (EOD Friday most likely smh) then you will see BOTH get legs

The 22 level WILL HOLD...unless they want SPX significantly lower than it is now

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So ill say it again...WE ARE ABOUT TO RUN!

Let me give you a quote from the below article that backs up what im saying and signals a RUN is rrriigghhhtt around the corner. Take note of the last sentence :)

finance.yahoo.com/news/hedge-funds-cut-risk-stocks-203635942.html

Hedge funds unwound positions in single stocks on Friday at the largest amount in over two years, with some activity comparable to March 2020, when portfolio managers cut market exposure during the pandemic, Goldman Sachs said in a note on Monday.

U.S. major stock indexes plummeted on Monday, with the Nasdaq down 4%, amid fears that President Donald Trump's tariff policy will drive the world's largest economy into a recession.

“It was a classic de-leveraging crunch,” said James Koutoulas, CEO at hedge fund Typhon Capital Management.

Goldman Sachs detailed that hedge funds' sale of single name stocks was the biggest in over two years. It added some hedge funds' large de-risking moves in concentrated trades could be compared to what was seen in March 2020. It also cited January 2021, when hedge funds covered short positions in so-called meme stocks, popular among retail investors.

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Let me make sure I translate that last sentence in case anyone is scratching their head...

The article is saying that the SAME THING (i.e. shorts covering) that caused GME and other stocks to squeeze in 2021..

IS HAPPENING RIGHT NOW

:)

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Morning!

Casino will be open later

Its still all about synergy...

I been saying for months that the VPOCs and VWAPS tell you where everyone is at..

Its clear to me that some significant Short positions were entered into around the 22 level

That is the reason price dropped this far..which is why price is sitting on that lower VPOC

All the VPOCs I have on the chart are drawn off significant lows and this point there aren't any other VPOCs that matter as far as I can see...this is primarily why i think 22 will hold..but we shall see

MOASS: 06/09 - 07/09

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MMs are still playing with the VIX and De-Risking...have to wait it out folks

22 still looks like the floor to me

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The VPOC that price is oscillating around is drawn off the Aug 5th 2024 low which was the last significant low in the price structure

Notice the OBV level from that time period and notice that even with all of this selling and shorting we are no where near back to that level

That matters big time because MY OBV is custom and acts more like an oscillator than a traditional OBV..meaning on MY OBV the values matter (On traditional OBVs you dont need to really pay attention to the values in most cases- just the slope)

Thats a huge reason why I think 22 is the floor and this must be the level important to the shorts

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Yeah this whole cluster of VPOC matters..

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BTW- notice GME price has been declining since 9:30

Not an accident that was the exact time "they" returned the 300k shares that were borrowed overnight

Basically they just shorted it down but bigger picture wise its not having much affect

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Yep 22 is gonna hold

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The VIX moves according to Elliott Wave as well

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And for the record that Wave 4 on the VIX is Expanding Flat as well just the Bearish version

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SPX in an Expanding Flat as well...ok thats clear SYNERGY between GME, SPX and VIX

Yeah we are good lol..

Ill just wait while the MMs work out these last few squiggles lower

SUPER ZEN MODE activated :)

MOASS: 06/09 - 07/09

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Ands that a wrap!

Definitely expecting 22 to hold as I said earlier

Thinking we quickly head to 24.50 next week..lets see

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ES in expanded flat as well..yep good times on the way

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Morning!

Casino will be open later

Its still all about synergy and as of right now GME, SPX, VIX and ES are pretty much moving in step from a bottoming perspective

Lets see what we get

Oh and still feel 22 will hold

MOASS: 06/09 - 07/09

Note

300k shares borrowed at the moment

At this point they are becoming predictable

Expect them to short at open to fill any gaps

Expect them then to deploy some during lower volume times around lunch

Then lastly expect them to try to push things down near close

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MAX PAIN is at 23.50 as of now ..just a heads up as it probably matters today

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FULL DISCLOSURE- that count on VIX will most likely change as it a rather peculiar item to track sometimes

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And im changing it now as I messed it up lol

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Think the reason we havent seen them really deploy the bulk of those 300k borrowed shares is because they are saving them for an end of day push to below Max Pain

With that said the micro count as I see it is pointing right to the Green Line above

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Just want to call out Micro Support for any deeper pushes

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Tweaking Micro Support to better align with VPOC clusters to the left

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And thats a wrap!

Now you see why I said I went into Zen Mode yesterday

SYNGERY WHEN IT MATTERS

MOASS: 06/09 - 07/09

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Blue lines talking to me

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Heartbeat_Trading

Also on:

Related publications

Gamestop- Idiosynchratic Systemic Risk

by Heartbeat_Trading

MOASS: WC: 25.04 Target: 1800-2400 MOASS: 47k-100K

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Heartbeat_Trading

Also on:

Related publications

Gamestop- Idiosynchratic Systemic Risk

by Heartbeat_Trading

MOASS: WC: 25.04 Target: 1800-2400 MOASS: 47k-100K

by Heartbeat_Trading