BMR

Crypto and wrestling enthusiast

[Dan ⚡️ @DanBTC916]

What to watch for the rest of the week and into next week $TSLA

Macro will dominate the market.

Post Fed rate cut, markets will focus on Thursday’s jobless claims. A big miss can trigger a sell off.

There are lot of major macro prints next week that will move the market such as:

1. Services / Manufacturing PMI
2. Home sales
3. Fed Speakers
4. Jobless claims
5. Q2 GDP estimates
6. PCE

In the event of major misses, it is definitely possible for $TSLA to make an intra week / month dip below $390 (near term floor).

If macro data stabilizes, $TSLA could head towards $450 before Q3 delivery numbers.

We have capital ready to add shares and new calls just in case.

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