First off, for PRO Subscribers: the trade signal described in this morning's update has been confirmed. For Premium subscribers, your time is nigh, see comments under chart. For all traders: With NVDA earnings out today after the close and a possible Powell Jackson Hole "surprise" hanging over the market come Friday morning, caution is advised. Missing entering a new trade by a few bucks or a few days will be inconsequential based on targets foreacsted by the Fibonaci extension tool and EW strucuture. TSLA - Intermediate Term Trading Model This is an almost too perfect Wave 4 61.8% retracement, prior to a Wave 5 explosion into earnings on October 18th. This Daily Model has not yet confirmed a Buy Signal and with projections well into the $300's for the next leg up. It will take two daily closes above the ATR level before a formal Intermediate Term Buy is likely to be triggered. Nonetheless, below are the most attractive calls considering time, technical forecasts and the 2.0 million Cybertruck pre-orders about to go live. Highlighted Row: If you have neither the patience nor self-control to await a formal Buy Signal.
