Tesla has hit the big H&S neckline today and is already resisting as I race to prepare this chart.
I exited my Tesla trade picked up at 111.77 too soon, clearly , and am very butt hurt about it. Oh well.
My fortune cookie this morning said, "The circus is in town, but one will find that it leaves just as fast as it arrives."
I'm bullish Tesla long term, but...
i use BiTMEX to get the feel of Sir Arthur's whale clients and liquidity pooling
either spoofed real or legit the price action is well syndicated as fine as a china ware
the motivation of the exchange be it BMex BiNANCE etc. is to provide liquidity
to either at a PREMIUM or at a DISCOUNT and create a RANGE to churn wash
whatever nature of business the client...
