TSLA gapped above to $240 this morning, reached as high as $244.38, but has retraced back down to below $240. There is still a disconnect between the Intermediate Term Trading Model, which is Short, and Short-term models which triggered Long last week @ $236. If TSLA has bottomed and is starting its next leg higher, it will be evident soon enough and in particular with decisive close above today's high, but for now, the failure to hang on to today's short-term gap higher carries a bearish look. TSLA 240 Minute Trading Model SPY 240 Minute Trading Model Bearish
