Good day!
During Asian and European sessions, price retraced and broke the upper TL. Closing above TL, it will end the down movement for ST.
This said, I want to pick your attention on two news:
1- What is happening currently in Germany in terms of unlocking the spending, including military spending is very relevant for the future. As a consequence, DAX and all European equities are rallying up in contrary to US equities. Also EURO is rallying up.
2- TSLA stock is in free fall; TSLA worldwide revenues are dropping; it becomes alike a symbol to demonstrate the worldwide frustration against Musk and Trump administration (bullying, tariffs). For reference, I attach TSLA chart highlighting Price target in the near future.
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See you later after the opening range and Consumer Sentiment data.
During Asian and European sessions, price retraced and broke the upper TL. Closing above TL, it will end the down movement for ST.
This said, I want to pick your attention on two news:
1- What is happening currently in Germany in terms of unlocking the spending, including military spending is very relevant for the future. As a consequence, DAX and all European equities are rallying up in contrary to US equities. Also EURO is rallying up.
2- TSLA stock is in free fall; TSLA worldwide revenues are dropping; it becomes alike a symbol to demonstrate the worldwide frustration against Musk and Trump administration (bullying, tariffs). For reference, I attach TSLA chart highlighting Price target in the near future.
=============
See you later after the opening range and Consumer Sentiment data.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.