Yikes!
The 2 monthly candle looks nasty looking shooting star on Tesla, and a lot of the major tech stocks don't look too hot either.
If you consider TSLA a leading indicator for the entire market, then its looking like a bumpy year ahead.
I follow the NZ50 and that seemed to show its first bearish signs in Jan. US markets seem to be topping recently. BTC I believe has finished its bull run, and Gold isn't looking too hot either. Could we see all markets take a tumble together? There's too much euphoria in all markets right now, this is reason enough for me to be cautious.
If you consider TSLA a leading indicator for the entire market, then its looking like a bumpy year ahead.
I follow the NZ50 and that seemed to show its first bearish signs in Jan. US markets seem to be topping recently. BTC I believe has finished its bull run, and Gold isn't looking too hot either. Could we see all markets take a tumble together? There's too much euphoria in all markets right now, this is reason enough for me to be cautious.
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