UnknownUnicorn15881386
closed below 200 day and failed retest target 1200
Above 60 saw major selling pressure Retest of 42ish incoming for the flag
Almost as if a crash MUST happen and its just a Matter of how big the crash will be Simply friday was quad witching 25 billion worth of spy were sold with deep itm calls (25 b worth of spy shares not 25b of options worth ) on Thursday and they had no reason to hold spy up Market isn't crashing simply pricing in the fed news and up or flat from there don't buy...
tsla the ones was market driver where markets could crash and tsla could be up 15% like no tomorrow those times came to a halting stop and further more it even broke its long term trend line so whichever way you look at it tsla entered into a weak zone below support and with a hovering resistance above at around 640-660 so upside is limited and no long...
look for a trend now wait for the trend to break for a countertrend in this example the trend is down and we have a move up slightly if the counter move does not last as long as the original move trade is opened target is the size of the counter trend so in this example well wait for the trend to break down to go short
look back at the last time elon pumped into a breakout that didn't last but after a retest it took off maybe now happens the same
at 36k it broke above the 200 ma on the 15 minute time frame it might come to retest it its niw at 38k if it holds or not will be a deciding factor if this run loses steam or can continue with this momentum up
many who waited for the fall bought in now bcs hey its done dropping right?