TSLA Two paths for TSLA in the days ahead, one goes up to $300 to finish five waves up from the May 5 2023 low, than a 38% retracement before a powerful leg up into fall. The alternative path assumes a retracement already in progress, soon to be accompanied by a Sell arrow, Fib retracement and then ultimately followed a a reversing Buy leading to that powerful rally into fall. We will continue to monitor each scenario keeping in mind that both lead into powerful year-end rallies. VIX The bigger picture is dominated by a IWM Sell at the close on Friday, but with no follow through today. In this case, we will look to other indices, SPY and QQQ in particular, to confirm intermediate term sells. VIX will be a key trading vehicle as no meaningful market sell-off can occur without a volatility kick-off, led initially by a VIX Daily Buy Signal.
