While waiting for SPY 400.00 to be broken GLD has formed a Wave 2 Top and could be headed much lower over the next few months. This is the first of what could be numerous Sells over the Spring and Summer months as Wave 3 of (3) down unfolds. GLD: Intermediate Term Sell Signal Options: Mar 17th $170P (2.20-2.22) or Apr 21st 170P (3.20-3.25) Targets: GLD <160; $170P 10+ Stop -50% Trailing GLD - New Sell Signal Much more downside possible according to the big picture wave count but for now we are looking for a 10-15% decline into March-April expirations. TSLA - For short-term traders This chart below labels the Jan 11th 240 Minute Trend Model Buy Signal, followed up by a series of very short-term Buy/Sell Signals based on the TSLA 30 minute trading model, i.e., using 30 minute price bars, This would be a labor intensive trading regime but if there ever was a stock-options model that could make it work it's TSLA. TSLA - 30 Minute Trading Model
