Sure. Daily & weekly charts below. TSLA is still trading about the uptrend line on the daily chart that needs to go to trigger the next sell signal after bouncing off that long-term uptrend line on the weekly chart with positive divergences on the daily chart that coincided with the bounce off T5. TSLA is also at resistance on the daily & weekly charts as well.

Inverse Head & Shoulders patterns are bottoming/reversal patterns, not continuation patterns so by definition, it can’t be.

To be more specific, I see what very much looks like an almost perfectly symmetrical IHS on the $RUT although taken in context with the size of the pattern & the preceding trend viewed on the longer-term charts (daily or weekly chart going back 5+ yrs would be my preference here), the small caps appear to be in a very large sideways range & potential double-top pattern with the late 2021 highs & late 2024 highs.

Certainly could be something else in play but the early 2025 drop off the ATH’s appears much more like a correction within a larger bull trend vs. a bear market in which one might give a higher weighting to an IHS pattern that develops over a period of months.

Again, JMO & others may see it different.

Agreed. I’ve spoken to that point quite a bit in recent videos. The man now has about zero credibility on what he says yet it I am dumbfounded on how & why both humans & algos place even a single trade when he tweets something out about tariffs (or just about anything).

They even have a name for it now; the TACO trade (Trump Always Chickens Out.. in relation to tariff threats). Doesn’t seem to matter though, at least not recently, as the market still ratchets down when he announces new tariffs but (so far) has been above to recoup it all (or then some) once he cows back down again.

All noise, IMO. Today “the stock market & AI bubble” reports earnings (NVDA) and that will single-handedly determine whether the stock market already has (or will soon) peaked on or around the mid-Feb highs or not.