TSLA finished May without visiting the 8 ema. Started June outside bollinger. It may well make a doji candle at the end of June or a big red candle and close inside bollinger at the end of June. Big gap fill to $652 left to be fulfilled before crossing above $1000. Monthly 8 ema is at 664. That said, it can go up to 985 which is 1.27 fib extension and will look...
SPX is sitting at 61.8 retracement on price axis. How about time axis? It is due for a major pattern change. This is possible in next 2 to 3 days. I see limited upside and more downside risk here.
TSLA will retest 850 next week. If trend line is cleared comfortably, it will touch 980. Rejection at trend line will pull it back to 600.
Daily MACD about to make a bearish crossover. My hunch is it will not break the trend line.
