TESLA WAS DOWN TODAY 20%.DESPITE THAT TESLA IS STILL HEADING LOWER AND THE 360 SHOULD BE BROKEN . WE ARE NOW SEELING OFF INTO WAVE 4 AND THE ZONE OF 273-360 THE VERY LIKELY TO HOLD
NOTICE:- THE BEARISH DIVERGENCE IS USUSAL OCCURRED BETWEEN THIRD AND FIFTH WAVES OF THE THIRD WAVE. THEN TESLA SHOOT UP 500 IT IS AWAY FROM MA200 BY NEARLY TWICE(WIDEST SPEARD VS ITS MA200 EVER).. ALL THESE ARGUES CONFIRM THAT THIS WAVE IS A THIRD WAVE
THE SIMILAR ON NDX100 WAVE 4 IS UNDERWAY BUT ON SMALLER DEGREE. AS WE MENTIONED IN THE LAST ANALYSIS SPECIFICALLY AFTER NDX100 HIT 12400. 11500-11800 RANGE POSSIBILLY HOLD PRICES..HOWEVER THIS COUNT STILL VALID AS LONG AS PRICES REMIN ABOVE 11280
GRAPH 3 POINTED TO MARCH LOWS WAS THE BEAR MARKET BOTTOM. U SHOULD TO NOTICE CYCLICAL DOWNTURNS DURING SECULAR BULL MARKETS ARE FAST. FURIOUS AND RECOVER QUICKLY AS WE SEE IN GRAPH 3.COMPARED TO CYCLICAL DOWNTURNS DURING SECULAR BEAR MARKETS WHICH ARE LONG DEEP AND TAKE TIME TO UNWIND
MOREOVER,THIS CHART SUGGESTS WE‘RE IN AN EARLY NEW BULL MARKET CYCLE(LIKE THE SUMMER OF 2009)
THEREFORE, AFTER ALL THESE ARGUES I SEE THERE IS NO JUSTIFICATION FOR FEAR OF A MAJOR CORRECTION, IT JUST A MINOR CORRECTION ACCORDING TO OUR ANALYSIS, HOWEVER KEEP UR EYE ON STOCK MARKETS AND MONITOR CLOSELY
THEREFORE, AFTER ALL THESE ARGUES I SEE THERE IS NO JUSTIFICATION FOR FEAR OF A MAJOR CORRECTION, IT JUST A MINOR CORRECTION ACCORDING TO OUR ANALYSIS, HOWEVER KEEP UR EYE ON STOCK MARKETS AND MONITOR CLOSELY
