Mega1060

Mega1060 Updated 

TSLA is testing $954. The overall market has been slowly correcting and is likely to pull TSLA down with it. Short target 1 would be around $833 and that could also be used to start a long position. Short target 2 would be around $673 and that could be used to start a long a position as well. 50% Fib retracement is at $673 so we could possibly test this area and...

Mega1060

This is a short term analysis of the 4 hour chart for SPX500 . The short term trend looks bearish until we can address the health aspect of the coronavirus There are three main pillars to support the stock market: 1. Monetary policy 2. Fiscal policy 3. Health policy. Monetary and Fiscal have been addressed in the past few weeks. Now the focus will be on health...