Looks like it could get pretty nasty if the trend continues.
Watching these levels if there is a continuation out of this wedge.
FB nearing a few demand zones. 2nd impulse to form bearish structure also present.
Watching for potential sharp continuation or rejection at trend line.
Looking at a probable quad/quint bottom if it can pass above trend line, else possible continuation to lower area.
Conservative buy range
Potential double bottom scenario on the SDC/VIX spread shown.
The spread is at a critical trendline point. Watching for rejection or impulse up. Potential sharp move for either ticker
Comparison of the spreads looks similar and potentially bearish.................................
Some possible fib levels for a doomsday scenario...
Tried to scale it by doubling the bar time frame...
These areas look similar to me. Unlikely outcome though.
Possible resistance areas are show on a continued impulse.
Watching ACH for clean trendline break and impulse. Some possible resistance areas shown.
Watching these areas long-term on the ANKR/USD pair
Here is a comparison of the TSLA/AAPL spread in 2013 vs 2021.