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1/ 🧵 Tesla: Rally or Just a Reprieve?
Despite the broader correction, $TSLA keeps climbing—now eyeing resistance at $373.04. Is this still part of a downtrend, or the start of something bigger?
Here's our view 👇
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5/ 🚀 Where Could Wave (III) Go?
Once wave (III) kicks off:
• Medium- to long-term bullish potential
• Price could reach the blue Target Zone: $967.43–$1,223
• That zone may offer strategic profit-taking opportunities
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Disclaimer: This thread is for informational purposes only and does not constitute financial advice. Always do your own research and consult with a financial advisor before making investment decisions.
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4/ 🚀 What Comes Next?
Once green wave [4] is in place:
• We expect a powerful rally in wave [5]
• Targeting well above 6675 points
• This would complete the larger blue wave (III)
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5/ ⚠️ Alternative Scenario (40%)
What if the market never dips into the green zone?
Then:
🔹 Blue wave alt.[4] likely ended in April
🔹 Market is already in wave [5]
🔹 A direct breakout above 6675 would confirm it
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Disclaimer: This thread is for informational purposes only and does not constitute financial advice. Always do your own research and consult with a financial advisor before making investment decisions.
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1/ 🧵 S&P 500 Futures: Climbing into Thin Air?
The week began with new all-time highs for $SPX futures—but will the rally last?
Here's our Elliott Wave-based outlook 👇
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2/ Primary Scenario
The index is still inside magenta wave (B),
with more upside possible short-term.
But then comes the turning point:
📉 Wave (C) should break below 5127
👉 Targeting the green zone: 4988–4763
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