Heartbeat_Trading

Heartbeat_Trading

Everything that we would say in this post we have already said Now we wait.....

Heartbeat_Trading

So far in our coverage of GME we have told you how high we think price will go during MOASS and also what technical triggers we think will lead to take off We have also told you, from a timing perspective, when we think MOASS will kick into high gear (Oct 21st) What we havent told you is how to know when MOASS is over The short answer is: A break below VWAP As...

Heartbeat_Trading

We knew nothing about MPW until it popped up in one of our stock screeners After analyzing the chart we quickly realized that the price structure was extremely bullish and was pointing significantly higher over the next year and a half No need for a long explanation of the Elliott Wave count And we can assure you that we couldnt care ONE BIT about the...

Heartbeat_Trading

We thought we would use this weeks post to highlight exactly what key triggers we think will signal lift off Its widely known that VWAP levels are a key data point in almost all institutional algo trading systems VWAP is important because it helps the algos identify optimal levels to enter/exit positions and define risk The movie Margin Call does a good job of...

Heartbeat_Trading

We are continuing our call that MOASS is imminently on the horizon Note the 0.618 and the 1 fib on the time axis of the chart From a fib time perspective between those levels you tend to see explosive volatility ending in positive movement in the direction of the prevailing trend We are predicting near term strength in the broad market as well which should help...

Heartbeat_Trading

If you follow us you know that we think SPX and markets in general are heading towards a generational top And based the last months price action we think we know almost exactly when that top will complete: NOVEMBER 2024 Prediction: It does not matter who wins the election..the market will begin to crash MARK OUR WORDS

Heartbeat_Trading

TLDR: MOASS is about to kick into high gear and Elliott Wave has given us some solid targets from a price and time perspective MOASS Target Price: $1800-$2400..with potential for us to see pockets of trades fill at even higher levels (remember if price overshoots a target we just look to the next fib) Timeframe to complete: End of Jan 2025 (pay attention to the...

Heartbeat_Trading

Now that we are finally past earnings and the, customary for GME, earnings dip, price can finally get moving The FED and surrounding conversation will provide the volatility we need We are predicting a 20%+ move back to the 25 level (should see that move this week) After that the 28-30 level will be the next target and subsequent resistance zone From there...

Heartbeat_Trading

Bitcoin has had a meteoric rise since its inception But as with all Bull Market parties...the Bears eventually show up When will they arrive? Not exactly sure but we are confident they are on the way

Heartbeat_Trading

TLT will soon become (its already started if youve been paying attention) a major safe haven Rate cuts are imminent and is typical of the market...so is a corresponding market crash Weve already caught our flight...have you?

Heartbeat_Trading

As with SPX, XLF is headed to what we think is a MAJOR TOP We will save the long diatribe but the implications of this are disturbing to say the least What are the implications? Increased layoffs Increased unemployment Increased Bankruptcies Bank Insolvencies of various levels Restrictive Credit in spite of rate cuts Etc, Etc, Etc Prepare yourself

Heartbeat_Trading

There is so much we could say about why SPX and the market in general seems to be headed towards a generational top...but it would just be repeating what we have been yelling from the rooftops for the last year or so lol We will save the history lesson and say check out the related links But know this...YOU WERE WARNED Could we be wrong? Of course we can be...

Heartbeat_Trading

We have been steadfastly saying that GMEs price structure is bullish Even as price made its way back down to under 19 we were pounding the table on here saying that NOTHING HAS CHANGED with the price structure The reason we can be so confident is because no matter what Reddit says- TECHNCIAL ANALYSIS WORKS ON GME We use a simple system that combines Elliott...

Heartbeat_Trading

We will save the long diatribe and let the charts do the talking Remember in Elliott Wave Theory all Fibs are significant but the 618s (0.618, 1.618, 2.618, etc) are particularly magnetic to price. B U C K L E U P

Heartbeat_Trading

XLF is heading to a significant crossroads We will get into the details of the price structure in a future post but know that we STRONGLY feel XLF is heading towards a MAJOR TOP SPX is in a similar position and its downturn is going to amplify XLFs speed lower As we said previously this will definitely rattle world markets As the Banks go, the markets go Boy...

Heartbeat_Trading

SPX is definitely on borrowed time J.Powell has signaled that the Fed has finally seen enough and is ready to act But If you havent done so already, go look at the last couple times the Fed cut rates after an extended period of tightening....history doesnt repeat but it often rhymes But hey..maybe this is time is different.. And maybe it isnt...

Heartbeat_Trading

As those who follow us know we have been warning about XLF and the story we are seeing within the price structure As the Financial Sector goes..so does the rest of the markets I really truly hope we are absolutely wrong about this call because this is definitely going to rattle world markets

Heartbeat_Trading

The Qs are in a similar position as other markets Price is at a critical junction and how the next pullback is handled will tell us, like SPX, are we headed to marginally higher ATHs or MUCH lower