Revisiting my prior theory on creation of GME FTDs through TTTHello everyone, Chem here..
Earlier this year along with the help of copious amounts of information on Reddit.
I discovered that it is super blatant that
TTT (ProShares Ultra Pro Short),
seemingly spikes strongly into GameStop
run ups.
Overlaying the charts has allowed
me to view and observe perfect symmetry
between the two.
My theory and ideals on this entire topic
stands. If you wish to read my extremely
detailed ideas and rant topics then feel
free to somewhat educate yourself.
Kenny G, ain't no stoppin' me.
Cant stop. Wont stop. GameStop.
Just sold my car for more shares, I bike to
my chemical warehouse job where I work
80 hours a week at. I'Il inhale cancerous
products 24/7 just to fuel GME fractional
amounts if it means cell one day. You give
me power Kenny G. Thanks you
Check out my other great topics about this
same idea.
GME to the moon
Not financial advice.
Also I'm 100% on my calls so far, in terms
of success, if that means anything to you
analytical people.
Further explanation in comments.
TTT
GBPAUDGood evening,
We have seen a daily downtrend in this market, as most of you know I work down from the higher timeframes to the lower. As we can see from the chart on the 30m timeframe we are approaching a zone where we can expect sellers. We can see the volume in the upper blue rectangle holds a lot of money, it's our job to monitor what happens when the price reaches that level. What I would like to see is a few smaller candles as we approach and then a large red candle to prompt a short entry. Let's see how this one plays out, if you have any questions feel free to message me.
ASX: TitomicFactors
1. Price has experienced a LT downtrend (Starting May 19)
2. Price slowly building a base with recent price action respecting that lower and upper trendline.
3. EMA is converging
4. There is an overhead gap at $1.45 which I would be looking to target.
Possible Reasons For Failure
1. No bullish price action/candlestick pattern to initiate trade
2. Prices may continue to downtrend
3. Base may breakdown
4. Target might be too optimistic
Watchlist and keep an eye on.