Still expecting another low. Leaning towards it being a bottom for this correction but still possible we get a B and C move
Looks like 5 waves and first move is in. Lot of sideways action today and expecting more correction at this point. Will reasses if it breaks above previous high
Think we will see a top in wave 5 soon. Not sure how deep of a correction to expect at this point but leaning towards it being a shallow correction ~1650 to ~1750. Will try to update once I think top is in or if count changes.
Starting 5th wave move. Looks like it could test previous high. Turn more bearish short term if it breaks below ~1595
Like the look of the move right now but its at a dangerous stage where its only 3 waves. Really need 5 waves to turn more bullish. Turn more bearish if it breaks below ~1520 in this micro move. Looks like top of a 3 of 3 to me right now.
I show the two scenarios I think are most likely right now. Will turn more bullish if breaks above ~1470
I like the setup still overall. Looks like its moving towards a wave C. Watching for an impulse up and correction to buy or if its looking like bottom in 5th wave. potential bottoms ~1460 or ~1450. count invalidates ~1420 and looking for a change in count. This impulse is based on a weird wave 1 so its not a perfect setup but I like it.
Looks good so far. ~36 turn bearish for this small impulse
Still waiting for another low in this move until starting next impulse up.
Still like the look of the wave. Adjusted my count based on the move down. Looking for more correction then move up
Looks good from previous impulse and correction to this most recent jump.
Tesla Looks like its close to a bottom in this correction. Will need a 5 wave impulse and 3 wave correction to confirm
Tesla hit my previous target for wave c based on the chart at that time. C wave bottom could be in at this time but leaning towards another move down.
Still appears that wave B is in and looking for a wave C right now. The bullish 5 wave count hasn't broken down yet ~$1540 so I'm still watching out for that possibility.
Looks like tsla close to top in a wave B. I outline bullish scenario where we continue on to see a 5 wave move and correction. Looks bearish to me right now and if it breaks below 1550 I will turn more bearish
Current Count for Tesla. wave 5 of 3 moved a lot further than anticipated. Expecting lower A then a B and lower C to finish a 4th wave and start 5th wave. This count invalidates if it drops below ~$850 which is a very deep stop at this point