S&P500 Update: Fibonacci in reverse!?

Remember my posted from October in which I showed the picture-perfect Fibonacci-impulse-pattern the Russell2000 had followed through most of 2018? Well, let’s apply Fibonacci again but now to the S&P500 and in reverse -looking down instead of up- to help assess downside targets and upside-reversal targets for the current Bear Market we are experiencing. And…

TSLA: is its stock -and company- in serious trouble?

The most famous electric car company stock is in serious trouble. Why? There’s only been 3 waves up off the IPO. Blue Primary A, B, C. Why? Because the current price decline has now overlapped with the 2014 price high and 2016 price high. This overlap with these former price high means that the current…