$Tesla (TSLA.US)$
Have a good weekend
The size of this world depends on the people you know. Every time you meet someone with a broader vision, the world will become a little bigger for you.
The world is only as big as the people you know, and every time you meet someone whose eyes are wider, the world seems a little bigger to you.
For a technical player who rules the world with a ruler, the chart tells us everything. It is crucial to carefully and accurately interpret all the information contained in the chart, including the precise interpretation of the psychological activities behind candlestick combination patterns.
There are many sophisticated people in the world, and there are also many interesting people, but those who are both sophisticated and interesting are few and far between. Sophisticated people command respect, interesting people are likable, and those who are both sophisticated and interesting inspire respect without fear, familiarity without disrespect. The longer the interaction, the richer the fragrance. Elegance is a difficult thing. More difficult than restraint. More difficult than being reckless. Restraint can be feigned. Being reckless is easier. But elegance is not. Elegance requires temperament. It requires experience. It requires years of accumulation. It requires that sense of composure and light-heartedness. Trouble yourself, maintain kindness. Trouble yourself, continue to progress. Trouble yourself, remember the goodness of others...

“Remember, only losers fail equally.” -Mark Minervini
Last week in review 👉🏻Market Review+Position Analysis (15/07-19/07 2024)
This week's market behavior:
$NASDAQ 100 Index (.NDX.US)$ & $S&P 500 Index (.SPX.US)$ distributed on Wednesday and Thursday;
$Russell 2000 Index (.RUT.US)$ Draw money on Tuesday and Thursday.
RUT>SPX>NDX.
The main indices NDX and SPX were liquidated at an accelerated pace this week. Judging from the trading volume on Wednesday and Thursday, there are suspected signs of “capitulation”. The trading volume dropped sharply on Friday, and the price recovered slightly. Combined with the current price position, the direction of the original trend, changes in the trading volume in key positions, and the position of VIX, there is at least one opportunity for a high return ratio of rebound transactions; RUT ignored the liquidation of the two major indices. During this red week, it continued the intensity of breakthroughs not long ago; IWM, XBI, housing builders, regional banks, etc. Wait is still Currently the strongest ETF/section.
Weekly chart:
NDX retreated a little above the 30-week line, SPX seemed to refuse to move downward on the 10-week weekly line, and the RUT continued its strength after breaking through the big cycle (STAGE1); it is worth noting that the RUT chart, and very...