Last Warning To Tesla Bag Holders
Updated
Please note that, I'm a huge fan of Tesla cars. My forecasts are purely based on macro level conditions as well as Elliot Wave, which I'm pretty damn good at it.
I believe the biggest risk to Tesla is macro and valuation. On a macro level, the Fed's signaling of not just taper and rate hikes, but quantitative tightening as well surprised me quite a bit, and is forcing markets to adapt, pricing risk-on assets lower. As a result of hawkish policy, I see higher yields by year-end then I previously expected.
I'm also concerned by the effects that quantitative tightening, inflation, and interest rate hikes could have on the economy over the next 12-24 months. If the Fed's actions spark reduced economic activity, cars are among the first items to depart a consumer's shopping cart.
US. 10-Year Treasury Bond Yield Forecast :
This is not financial advice
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Regards:
2x Market Crash Forecaster
I believe the biggest risk to Tesla is macro and valuation. On a macro level, the Fed's signaling of not just taper and rate hikes, but quantitative tightening as well surprised me quite a bit, and is forcing markets to adapt, pricing risk-on assets lower. As a result of hawkish policy, I see higher yields by year-end then I previously expected.
I'm also concerned by the effects that quantitative tightening, inflation, and interest rate hikes could have on the economy over the next 12-24 months. If the Fed's actions spark reduced economic activity, cars are among the first items to depart a consumer's shopping cart.
US. 10-Year Treasury Bond Yield Forecast :
This is not financial advice
Please hit the thumb up
Regards:
2x Market Crash Forecaster
Note
One of the possiblties on Lower time frames. Personally I'm short from top , I would love this to come up some more so I can short more. How will this unfold ? Let's wait market will eventually tell us how
Note
Bear in mind, this can just drop drop and drop as well . The possibilities of how people can react to this is enermious.Note
Expect new lowNote
I was shorting this from extreme top . Yesterday I toke profit at around 500. If I had have stayed . Would make much more . It dropped by 100 points only tonight. 
Trade closed: target reached
I'm out . Of course it will fall further .I don't know how far the pullback will be .
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