We are still waiting for the TSLA Intermediate Term Trading Model to join the short-term models on the Long side. That could happen today and the LEAP of choice for this signal will be the Jan 2025 $420C. For PRO members this would be an alternative to the Jan 2025 $500C from Tuesday's Update. TSLA Intermediate Term Model - An hour after today's Open still not showing up arrows signifying an Intermediate Term Signal. That could change before the close as TSLA is up close to 4% already today. The other side of the market coin is that the EW structure remains precarious and still working on a Wave 3 down at multiple levels of trend. Key for the near trend is yesterday's high's across the board. If the stock market can take them out on the upside the bearish case is diminished for the immediate future and we will become much more aggressive on the Long side, well beyond just TSLA calls. Unless and until that happens, the potential remains for a steep broad based stock market decline. PRO Service: Recent Trades
