 what's up guys right now it is 348 July 14th it is Sunday the market is open I was planning on getting into a trade not much volatility right now I'll probably wait till a little later maybe around 5 5 30 because that's when the that's when you know it'll be around I think seven or probably eight or nine in China so hopefully there'll be a little more volatility when you know everybody wakes up over there I want to go over the S&P 500 chart and do analysis on that as well and then I would also want to take a look at the Tesla charts I did analysis earlier it has been hitting my targets in a bull trend so I'm gonna update analysis on that and yeah that should sum up the video for today so stay tuned so actually if I do get into a trade today depending on you know the market volatility I'll try and capture that and I will try and post that tomorrow depending on you know how much time I have to edit the video so okay the time now is 3 58 Sunday July 14th here's the S&P 500 charts daily chart still believe this is in a wave 3 up so it's a lot of room to go up and let's get into our chart this is what my wave count I believe it is so I think wave 5 is possibly done wave 5 could still be going up a little bit further according to the Fibonacci extension so it's not about a room to go but I think you know soon it's going to retrace and when I see indicators for that I'll probably try and get a quick scalp if that even happens in our hours and may happen even overnight tonight because soon it's gonna be I think 8 or 9 a.m. in China so there might be a little more volatility and then this may retrace or it may even go further up to finish off wave 5 and then let's go into the right code click on it okay so same deal so the reason why I think wave 5 may not be over because it can get to the 100% extension from 2 3 4 so this still has a little bit of room to go up but see divergence so I think soon I'll run out of steam or retrace a little bit before we may start a new wave count or just continue going down or just continue going up you know nothing's guaranteed in the market I was planning on getting into a trade today I was actually going to do it on the micros because Sunday volatility is still kind of different so I didn't want to do anything pretty risky today I do have to run a couple errands so I don't want to be screwed to my desk and yeah so the micro is a little less risky so yep that's pretty much my take on the S&P 500 now let's look at Tesla okay this is the daily on Tesla bear trend is over bull trend is starting the MACD is above the zero line kind of bouncing off this trend line I think that this is wave 1 2 3 we're gonna wave 3 up you know I'll talk of this point I think that's my next target pretty much runs blue line 255 with my next target and that kind of coincides with if this is just this bull move right now it's just a retracement of this whole bear wave count see I'll give us in the same area so tween this blue line 255 to 275 that would be my next price target for Tesla but it's definitely in a bull trend now ha ha hello ha ha ha loves so I would not short Tesla right now everything is everything is up you know hello hello just kind of trucking on upwards this was an important level well thinking if it broke this it gets 240 and it absolutely did that and my next target will be around 255 to 275 and that's my take on Tesla and also guys if you get any value out of these videos please give me a like and subscribe but it really helped me out and also if there's any feedback at feedback sorry on how I can make my videos better feel free to share man I'm open to constructive criticism and I'm just trying to make my videos better so to make it more enjoyable for you guys so thanks