Tesla is a company much loved by Wall Street investors. Just like the US500, the Nasdaq, and all markets in general (including Crypto), the market is pulling back from all-time highs due to Fed QE. Its dump cycle is underway from the all-time high of $1250 (-43% on Feb '22). 2 Points of means and accumulation, interesting S1 – Between $730 and $690 in...
Tesla will be more bearish in the upcoming days but than after the retracement to lower levels of 500 there will be following some upward movement
$JD forming well defined triangle ,potential breakout before earnings
on the VXX we possibly see a Head and Shoulders pattern forming. If this confirms and breaks, then we could see much higher prices in equities. My feeling is that we may stop at the neckline and we resume higher. My thinking behind lower prices in equities stems from late cycle, global growth slowing down and inflation. We may see higher bond yields which would...
Links to DD Below
Set back during the .com bubble. Set stocks to underweight. All indicators show market overbought.