$TSLA Price Action Breakdown, $QQQ Future Price Outlook
- 
QQQ about to break its tightening range, this will be very important for TSLA,
- currently TSLA does not have enough relative strength to hold up if QQQ breaks bear. so it will likely break bear with it.
- Bullish pattern: Daily Inverse H&S Weekly Cup & Handle
- XLF / KRE gapped up nicely but bear took over after cash open.
QQQ about to break its tightening range, this will be very important for TSLA, - currently TSLA does not have enough relative strength to hold up if QQQ breaks bear. so it will likely break bear with it.
- Bullish pattern: Daily Inverse H&S Weekly Cup & Handle
- XLF / KRE gapped up nicely but bear took over after cash open.
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.