Tesla is still in a triangle consolidation

Tesla's stock price has been weak recently, falling below the key support level of $220. Investors should pay close attention to Tesla's performance near $205 and $189. If the stock price finds support in these areas, a rebound may occur.

Before the release of CPI and PPI data, investors should remain cautious and focus on the key support performance of the market and individual stocks. For QQQ and S&P 500, the future rebound may be limited, and the market repair process will take time. Do a good job of risk management and position control in the current market environment. Although there is a chance of a short-term rebound in the market, the possibility of further decline cannot be ruled out.

Therefore, investors should avoid taking too much risk, especially when the market has not clearly stopped falling.