April 24, 2024
Hello,
TL;DW:
I see a possible inverse Head and Shoulders formation on the 65min chart.
Odd behavior in the markets. Tesla reports bad earnings we see a pop, and Meta reports good earnings but poor guidance and it comes down big!
You want an uptrend to form leading into the summer, if not we may see problems ahead as many buyers are stuck holding positions at higher cost basis. (IE: Sell in May and go away, may actually happen)
If we break last week’s lows, look out below!
Brief introduction on me!
Disclaimer: Please note that all information shared here and in the video is for informational purposes only and not intended as financial advice.
