Nasdaq Composite🚨🩸
An exquisite, yet not perfectly symmetrical triangle is in play. The likely pattern, which is inherently indecisive, requires us to await the direction of the breakout.
By the looks of it, the laws of attraction are in play, and that magnetic gap lower will inevitably close.
Looking at the past trading week, with euphoria coming to a close, it heightens the probability of this gap closing sooner rather than later. Next week is critical ..keep your eyes on the floor of the pattern.
A more in-depth, across-the-board analysis of many other instruments will be out for subscribers in the coming hours.
Remain disciplined and perhaps curious, but above all, remain informed during times of uncertainty.
Yours truly,
The Great Martis✨
She's beautiful.
Roaring Kitty on the idea of $GME as a contra-indicator: “You might say, wouldn’t it be helpful if the market was up? Potentially, but some plays are weird. You know what’s funny about GameStop is that back in the day, a year ago and before, GameStop was always a contra-indicator. I think it was because of the short interest. Whenever the market was doing, GameStop would be doing the inverse. Like, it would be up on down days and down on up days, and I always thought that was interesting. I was saying that even before my current position on GameStop.”