I had planned on doing a post-market update today but need to leave the office until later tonight. However, the most important development since the breakdowns in AAPL & TSLA earlier today is the fact that with only a few minutes before the closing bell, it appears TSLA will not confirm a sell signal with a solid daily close below the 800ish support.
TSLA daily 2 Feb 17th
As such, we only have a decent sell signal on one of the market-leading FAAMG+T stocks as of today (AAPL) with TSLA & the others still on watch for potential sell signals that would help to confirm a short entry or add-on to an existing short on the major stock indices. If I get back to my desk at a decent hour tonight I’ll post a more comprehensive update. Otherwise, I’ll get some charts out with levels to watch before the market opens tomorrow.