Tesla stock is showing incomplete sequences in the cycle from the 488.78 peak. The break below the January 2nd low suggests that the cycle from the 488.78 peak is incomplete, indicating potential weakness in the near term. TSLA is targeting the 323.98 – 252.46 area, where we would like to be buyers again.

Down 32% from recent highs, the stock of electric vehicle maker Tesla (TSLA) is officially in a bear market. Maximize Your Portfolio with Data

Dow and S&P 500 futures were falling but Nasdaq 100 futures were gaining as the stock market awaits the CPI inflation report.