Once again we have a parallel channel taking center stage only this time it's in the world's most preeminent stock market index, the Dow. Shorter-term, breakdown of out of this channel portends at a minimum a scalping opportunity with DIA puts. If prices were to continue lower as the day unfolds, a more intermediate term selloff would be indicated. By the same token, a break-out above the channel would be at least short term bullish for the market and would likely keep the TSLA rally fueled and reaching into the low $700's. DJIA 45 Minute TSLA 15 Minute
