Is SPX & TSLA's Relief Rally Here to Stay, or Just Another Fakeout?

PeterDiCarlo
03-08

$S&P 500(.SPX)$ $Tesla Motors(TSLA)$ , and a bunch of others made higher lows today on the daily BX—finally some relief.

Short-term, it looks like the bleeding is done.

That said, the weekly hasn’t confirmed a bottom yet. We could get a breakout next week… and then a rug pull right after.

Wouldn’t be the first time.

I’m locking in this weekend, running through the charts, and I’ll drop updates on what’s next.

And $Rocket Companies(RKT)$ up 33% since we started trading it a couple of months ago.

Shutting down all bots now as we approach the original target.

Posting this as a case study to highlight exactly what we look for:

✅ HL weekly BX + smart money zone or deep discount

📊 Wait for buyer confirmation

🎯 Ride momentum until BX trender shifts

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