There are not just one, not two, but three Fibonacci levels all hovering above Tesla’s present price level. The stock is quite strong today, but it’s going to have a much hard time pushing past this formidable zone of resistance.

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The markets are strong across the board, and the retail ETF (symbol XRT) is no exception. Take note of how it is getting close to sealing its price gap.

It seems that rotten news in the job market is just what the doctor ordered to send the stock market exploding higher. The government decided, long after the fact, that its totally was completely and totally wrong (imagine that) and therefore was going to change it in such a way as to boost equities (imagine THAT!) Long story short, they’re making it up as they go along, and they are inventing numbers out of whole cloth in a way that would make China envious.
So the Russell is rocking…..

If you saw this car on the road, you probably wouldn’t do a double take. Indeed, you probably wouldn’t even do a single take.
