Mother Of Really Even All Squeezed Shorts - near term pt = a lot -long term pt = limit as t->infinity 1/t wax. Anglo Miyagi
When I was a kid my parents and teachers used to tell me silly things. Like... "You can't beat the system." "Don't bet against the house." ... "Pull your pants up." ------------------------------ And I went through life... well, just playing video games and beating everyone on every system. ------------------------------ And then I met GME... so now i'm...
See Chart and Previous Idea. Can refine to more precise expectations from here, still just approximates. Near-term downside risk still to 362, but probability favors technical bounce from here which could trigger a squeeze... and if SPY wants to bounce exactly at the bottom of the expanding triangle I drew in, chances are it will continue to respect it 4 legs...
This is a supplement/update to my bigger picture SPY idea, linked. Ignore the title lol, its not obvious nor typical to form an expanding triangle d within a larger expanding triangle (d)... is it? Regardless, it is indeed a bounce setup to get to larger (e) in the 4200s (420s SPY). I have a lot of trendlines but those are actually important to demonstrate the...
See my bigger picture idea for BTCUSD, linked. This is just a smaller scale idea that suggests potential to make a run to 26.7k en route to 32k before (likely) beginning final wave down to ~14k. I kept this pretty simple the chart should speak for itself, its just a local scenario. stochRSI and RSI indicating bounce, local structure indicating bounce, albeit...
Quick zoom in to estimate the near-term price action in supplement to my bigger picture ideas. I'd expect market to follow this.. so pop this morning, drop into the FOMC, take off after the fakeout down. For TSLA specifically: - pop to around 690-693 -drop to 645 - rally to initial target (updating this from 730 to 726-727) .
Ok whatever, change of plans, still moon just different path to target and revised target... what do you expect? This is GME. I said everything I want to say on the chart, I'll probably have to file bankruptcy now but probably not. It's not about what I want, it's about what GME deserves. Yours truly, Hobo
Are they really going to hit us with an expanding triangle to finish this corrective wave off? Guess don't get too comfortable for too long either side. Scratch that last idea, my bad had an amateur moment. This could be off too, but its most probable that I can see at least from here. Oops.
Update to my previous post w.r.t. Goal Target and bigger picture count. Rather than Goal target of 1400 in the last idea where I mis-labled my count, I think this actually will go to 1794 to complete primary wave 5. 1794 is also the year of Elon's birth. Below Primary is wrong: The way I estimate projected waves 5 is not conventional, but it has worked for me....
Update from previous idea that encompasses bigger picture at play: Summary - initial target is 730 (near term); confirmation/entry above 681. I have calls with strike at the entry (Jun 17 680s) because highly likely it will retest this resistance (which is also the beginning of gap created yesterday on 6/13). My prediction is that it will break above entry...
Recently I was following BTCUSD through its consolidation up until break of structure last Friday 6/10. That series was a local analysis/predictive tool using continuous-time markov chain (CTMC). This is a bigger picture analysis using charting techniques centered around supply/demand trendlines and a statistical method I developed in R studio that measures...
BTCUSD has exited the structure that has been able to be modeled by the continuous-time markov chain, which I have been updating as it made its way through the stochastic paths between transition states the past few weeks. What this means from here - should retest the boundaries of the markov grid (~28632.10 is the lower boundry) that materialized over its...
This is how not to breakOut of a gann fan... in fact, this is how you breakDown from a gann fan. Estimated breakdown by August, follow the yellow path. Calmer seas ahead. Best, Captain Jack Sparrow
This is a typical bullish Wolve Wave that is on the final leg down currently. Expecting whipsaw reversal starting as soon as tomorrow, but main bullish price action will be around June 15 on the full moon (literally howl at the moon). Expecting the yellow trajectory to play out and complete EW wave (5) around 430. The chart contains all the info you need to know,...
When I published the 3 most likely next levels idea the current level was 3rd most likely. At this point though, this level is a statistical outlier so I expect explosive bounce from here, otherwise this CTMC might no longer be valid. Thick path most probable from here. I have no position in BTC, just doing this out of mathematical interests.
Update from my previous posts following BTC path through this consolidation period: - the most likely zone that the markov transition states pointed to has been the exact area where this has traded - BTCUSD now needs to decide on the next state - the yellow shaded rectangle is the most probable where this will trade from here - has 2 previous resistance...
I posted a bullish idea for SPY (linked) where I did not go into detail about the wolfe wave - I am seeing major confluence with EWT, wolfe wave projection, bigger picture downtrend resistance, target via an indicator I love called "ADX Breakout", and time series forecast for both SPY and QQQ . There happens to be a full moon (a SuperMoon actually) on Tuesday...
Update from post yesterday - obviously the manufacturing news killed momentum so taking this opportunity to roll to July expiration and add some lower strikes at a discount. - Chart indicates a symmetrical triangle breakdown into support. DMI suggests accumulation, this will be the spring. - Expecting yellow path to play out as price trajectory. Forming an...