Actual: From 10/31L at 194.07, Tesla rallied a whopping 32.30 points, a 16.64% rally in only 3 days. As Tesla is one of the 7 generals in the markets, the SPX 500 also rallied a strong 269.84 SP's or 6.5% from its 10/27L into 11/3H.
What's Next?: Shorter term, we have rallied into Tesla's 11/3-6 proprietary double Geometric time CIT High, while the Emini SP rallied right into down channel resistance. We should start a decent retrace into the next Time and Cycle cluster Low, before we rally again.
Disclaimer
The contents of this article are for general information and educational
purposes only and should not be construed as an investment advice or
strategy. Past performance is no guarantee of future results. Trading in
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