The second of the dual holiday-light trading weeks is about over and next week looms large for the intermediate term. There is reason to be both bullish and bearish as we close out the first week of the new year, so we will let the market tell us where it wants to go starting at the opening bell next Monday morning. Noted is a resumption of bullishness and intensive, rampant speculation across multiple social media outlets. This spells TOP, either short-term, intermediate term or longer term. We will go into the details in the coming Weekend Update, including, big picture bearish or not, looking for the next Buy trigger in TSLA/TSLL. DJI Bearish! TSLA Too soon to jump onboard new calls as TSLA needs time to digest 2024 gains. Worst of decline may be over in terms of price, but not time. Looking for a 1st quarter low in shaded rectangle to launch price toward initial 2025 targets > $500.
