Yesterday's low volume melt up pushed /ES higher effectively creating a double top. Should the move up continue today, those divergences will only be extended. /NQ is trending a bit higher but has the same divergences.
TSLA printed a gravestone doji on daily. If the broad market sell off continues over this week, TSLA can easily fold in a half, since it has no well defined support levels all the way down until $387 level. I have very little conviction regarding the Dec 4 trendline but that's the only way I could explain TSLA ending the day at the gap.
