cointrustmoon1

cointrustmoon1

The Russel was propelled up last week by the companies within the index. Also the pattern it is forming signals that we may see the m formation play out. Or we may confirm a new trend upward of higher lows that is where TP1 is marked if we bounce there a new trendline with 3 touches is created.

01:14

cointrustmoon1

This is a smaller time frame view also up to the 1hr which takes us out 24hrs with our target. it is the formation of an m pattern. This can result in larger downside

cointrustmoon1

I have marked all the previous attemts at this zone with blue flags. In Aresistance of the area was broken in AUG 2021 resulting in an ATH of 199.9. We have confirmed support on the weekly TF. I do think we will spend some time in consolidation based on the weekly stochastic imo it needs to reset at the bottom before we can make the push to 150. so target time 40...

01:18

cointrustmoon1

wait for entry patience is key here tesla will come down after taping resistance and we can see multiple signs that the trend will continue down

02:59

cointrustmoon1

this is a quick rundown of my predicted movements on the spy for the next hour until closing. Tommarro will show us whether the trend continues or we reverse to head back up and try to break 480 again

cointrustmoon1

If we get a confirmed reversal first resistance area is 231. Tesla has bounced in this region more than once before going on to trade back in the 245-260 range. Aside from that it is likely to retest broken structure 231.

cointrustmoon1

in the short term we are pushing on resistance now yesterday we saw a break to 478 if enough volume comes today we could see a repeat also worth noting we bounced off of the 200 day MA today "purple line"

cointrustmoon1

The spy is a good daily trade so i spend most of my time zoomed in. the larger picture showes more downside opportunity until we are able to break into price discovery in the 480 area after that we may see 500 for now 455 is more likely

cointrustmoon1

so the spy had a strong push today and does not have any indication of stopping until the resistance area of 477. so i expect a good push upon open tommarro

cointrustmoon1

Tesla stochastic is reset on 4hr and daily tf showing the uptrend that began today should continue there is no resistance until 243. i dont think it will have a problem moving through there and heading to 25

cointrustmoon1

price is starting a reversal on the one hour i have marked the first target in yellow after that there is a box where the last accumulation phase happened

02:02

cointrustmoon1

tesla made some large downward moves in tne ,ast two hours yesterday 258 proved to be a major selloff area i am looking at 240 for the reversal now

01:17

cointrustmoon1

still rangebound all of friday we need a break up or down the pressure and momentum is in the favor of upside

04:58

cointrustmoon1

Price had big movement past 2 sessions and it look like a continuation is coming my price target reveled in this video for fridays trading session is 260. With support at 248

02:11

cointrustmoon1

in the video i lay out the range i think tesla will follow today i am unsure of the direction it will take upon opening. after that is shown we will have a more clear view of the day.

02:23

cointrustmoon1

tesla is possibly breaking down from the range it has held the past 6 weeks in this video i go over some key levels i am seeing on a 15 min TF

cointrustmoon1 Updated 

we are right at the edge of a break in 2 ways one being the parallel channel the other is a resistance that is seen 2 other "the blue line" times pushing price down if we can confirm above this area on the daily our ultimate target the AUG highs of 11.70

cointrustmoon1

looking to close above the 200 day moving ave on the daily also confirming above orderblock that was resistance now support nxt target 20% 6.60