Advised 3.1: Watch for gap up on $TSLA for historic $NQ day ... $TLT update
2215 CST the power of this first 20 day cycle is astonishing & there's an Inside Day on $TLT
Tomorrow, if $TSLA gaps up, it will rally the entire market and $NQ will be an all day trend day. And probably around summer time, new highs. Back in late February I warned traders:
I think the 80 day peak on $TSLA has been “melted up” very rapidly last week (broken upwards by price in a significant repricing event that cyclically was unexpected).
I further warned traders in Advised 2.3:
Therefore it is necessary to warn again that I think $TSLA may gap up and rally the market tomorrow!
For $TLT it seems there could be a new 20 week cycle forming, and within an inside day, can have a breakout higher tomorrow… it should be muted, but nevertheless, watch your shorts as there could be a devastating rally forming. The breakout level for $TLT from 2019 is at 127.00 and the 9 year FLD is at 125.00. IT IS AT LEAST a 40 day trough here, these last few days. I expect movement higher and for price to break the 20 day FLD at 132.00.
Good luck traders…
BTW watch out for the Advised #3 podcast tonight at midnight CST, or just listen tomorrow.