looks like all the "ingredients" are in place
following the major indices, the SPX has reached a major support area that you can see is playing a key role in the last 3 months as well as 7 and 8 months ago { on Sep 2021 and Oct2021 } and is very likely as the prices are "low" repetitively and comfortable to start buying back in we just might see a rally; and as Tesla is the main topic and just had a blast of a Q1 earnings report and the future outlook is very positive with two new factories the price action {+fomo} might push TSLA to test the 1100$ area and if it will retain the momentum just might make it to 1,136$.
Note
simply look at the SPX on the weekly chart and you surly will be able to recognize the Inverted head and shoulders pattern.Note
last chance to get Tesla at around 1K
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.