Market Analysis for Jun 7th, 2021


Feeling extra generous from all the love lately. Willing to share another 💎 

GME, we got paid handsomely last time as price hit a small jackpot on some lottos. 

Now $278, action is setting up for another potential acceleration/breakout into $400. Likely dead wrong if below $220.

Know your timeframes here!

Context: https://www.elliottwavetrader.net/trading-room/thread/7008039

https://www.elliottwavetrader.net/trading-room/thread/6939424

Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.