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i do see points A<B<C form a big M and right now is forming another M in minor scale so it may continue plunging.... which it may drop it maybe to 119.08 which is the next support. would you share your thoughts about this please!
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Moneymakero sanddollarservicesgroup
@sanddollarservicesgroup, I think we;'re heading into correction territory. I strongly believe that theres a high negative correlation between AMC and GME. Short are going to have to provide more and more liquidity especially now that all these DTCC SEC rules are being released. Hedge funds will start selling their long positions such as all the growth stocks (tech stocks). Thats why we're are seeing a huge selloff! Furthermore we've reached all time highs several times in the SPX500. Whats more the Japanese yen pairs are looking bearish and they are highly correlated with the overall market. When the yen pairs go down so does the market. I told people in my discord that this would happen months ago. Nobody believed me and thought I was crazy for thinking that two stocks could control. lets not forget they are heavily shorted and both stocks amc and gme have synthetic shares.
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@Moneymakero, I don't think is too crazy to think that way and remember everything in the market relates in a way, and ill pay more attention to this points that you just mentioned. people don't like to make their own research and they go by emotions and you know what happens
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Moneymakero sanddollarservicesgroup
@sanddollarservicesgroup, Thank you for the feedback
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@Moneymakero, thank you for sharing!
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