Wednesday, March 1, 2017

3/1/17 - EOD Update

The market continued to gap higher further confirming my suspicions earlier that a gap-n-go wave 3 was imminent. Wave iii green obviously was not complete. A possible target is near 2417 - 2427.

SPX - Daily

TSLA printed five tiny wave up in what I have labeled wave i red. I expect after wave ii completes, perhaps wave iii up takes out the wave a low at 264.15.

TSLA - 60 Min