DropDead_Fed
Short

TSLA reversal at perfect 300% fib ext may signal market top?

NASDAQ:TSLA   TESLA INC
Unbelievable how TSLA was rejected precisely at historic monthly/weekly chart chart 300 fib extension (on linear calc, not log scale). Not only are technicians giving more weight to linear fib extension levels (incorrectly I may add) but this could also signal market top? Watch NFLX for clues in coming weeks. MOST IMPORTANT THING IS TO WATCH FED RESERVE LIQUIDITY INJECITONS on the FRED website as that has >99% correlation now.

https://fred.stlouisfed.org/series/WORAL...

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