Barring a tech fueled melt up and covering tomorrow after FOMC decision (14:00) I spy a daily bear flag on an incredibly resilient symbol and everyone's favorite Billionaire.
Q's showing some weakness overnight session, if lower in the morning expect a short squeeze at open to get shorts off sides again and then a tank shortly after the cash open.
There is obvious buyers/covering happening at these levels ($NQs 12000 pocket) But nothing in the way of a meltdown should the market gods not enjoy the fed speak tomorrow.
$TSLA $946 is a ceiling to watch IMO. Be careful especially around the meeting in the afternoon. A move down to the low $800s is very possible over the next few days as it's actually showing some weakness.
Q's showing some weakness overnight session, if lower in the morning expect a short squeeze at open to get shorts off sides again and then a tank shortly after the cash open.
There is obvious buyers/covering happening at these levels ($NQs 12000 pocket) But nothing in the way of a meltdown should the market gods not enjoy the fed speak tomorrow.
$TSLA $946 is a ceiling to watch IMO. Be careful especially around the meeting in the afternoon. A move down to the low $800s is very possible over the next few days as it's actually showing some weakness.