Moving down below the 50 Day MA and in this current set up I believe there will be a lower low next and this would align nicely with the 0.38 fib at $355.
A lot will rest on the Feds decision today but there is likely going to be some volatility associated with this decision until the market settles, this could help $TSLA drop down to this level too.
For me, I am seeing this pull back as a 3 wave pull back, so I expect a higher high next after support is found, so Wave 5 is next for me.
TommyJR
2025-01-30 04:59:53 +0000 UTCHS
2025-01-30 00:03:26 +0000 UTCPacus
2025-01-29 19:37:53 +0000 UTC