Market Analysis for Jan 10th, 2022
Important lesson....relative strength 101
TSLA now $1040+. Went from "red to green", stayed above 1025, green to more green.....😎
It's often times, very important to look at the king pins or the flavour of the month to gauge additional clues from the market
If TSLA or megacaps like AAPL AMZN GOOGL MSFT as a whole cannot follow through to the downside when everything is in their favour with a gap down and go setup, then you gotta be aware of when they start catching a bid....gummy bears. Market wants path of least resistance for price discovery...