TECH is a messy trade, the APEs, Fanbios and Degenerate Gamblers
fail to see the structure, instead preferring to tout ATH after ATH.
Irrelevant with respect to the larger picture which has clearly formed.
The TECH Equities operate on Balance, TSLA is attempting to force a fill
that requires the 780s to trade.
Overlapping rotation from high to low end of balance.
Consolidation range for break is the Market Depth, there are subtle
nuances which clearly show the structure of the Distribution.
It does not indicate CONfidence nor steady... tight ranges of push/pull
demonstrate a LACK of CONFidence.
TSLA remains a prime example of what's wrong with Market Structure.
How is Tesla making new highs?
Traders are choosing to ignore placing the wrong trade at the wrong time.
Decisions are being made the Level is Long and yet the majority of the Volume
is symmetric and small.
The Profile is Long for a breakout.
The Balance is leading to excess.
It is as plain as day, right in the charts and OBV.
Tesla is simply exhibiting exactly the same setup as the NQ.
When the strafing begins, the Targets are always the opposing measured move
back to balance.
"The Markets will keep going up until the FED does something absolute."
Potentially, but not always.
This is what the Market Structure is exhibiting.
Momentum Buyers chasing big green bars...
This never ends well. Sellers are not running out of Bullets, they are patiently
buying time to participate in the reversal of VOL CRUSH.
This has happened time and again prior to key moves in prior quick, dramatic
corrections.
A look above, a head fake and fail.
The Potential is extreme.
D I S T R I B U T I O N
fail to see the structure, instead preferring to tout ATH after ATH.
Irrelevant with respect to the larger picture which has clearly formed.
The TECH Equities operate on Balance, TSLA is attempting to force a fill
that requires the 780s to trade.
Overlapping rotation from high to low end of balance.
Consolidation range for break is the Market Depth, there are subtle
nuances which clearly show the structure of the Distribution.
It does not indicate CONfidence nor steady... tight ranges of push/pull
demonstrate a LACK of CONFidence.
TSLA remains a prime example of what's wrong with Market Structure.
How is Tesla making new highs?
Traders are choosing to ignore placing the wrong trade at the wrong time.
Decisions are being made the Level is Long and yet the majority of the Volume
is symmetric and small.
The Profile is Long for a breakout.
The Balance is leading to excess.
It is as plain as day, right in the charts and OBV.
Tesla is simply exhibiting exactly the same setup as the NQ.
When the strafing begins, the Targets are always the opposing measured move
back to balance.
"The Markets will keep going up until the FED does something absolute."
Potentially, but not always.
This is what the Market Structure is exhibiting.
Momentum Buyers chasing big green bars...
This never ends well. Sellers are not running out of Bullets, they are patiently
buying time to participate in the reversal of VOL CRUSH.
This has happened time and again prior to key moves in prior quick, dramatic
corrections.
A look above, a head fake and fail.
The Potential is extreme.
D I S T R I B U T I O N