Tsla is meeting resistance here at the top of the channel and couldn't breakout above 1096 resistance which has continued to act as a brick wall, I think this one can have better prices in the coming days around 1048-1060 area. Blowing thru there we'd begin the drop towards 1020-1000 lvl.
SPX looks relatively strong despite the low volume to start this week and the only way we'd be going down to that 1000 lvl is if SPX begins to tumble down to 4700.
SPX staying above 4720 will continue bullish momentum.
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