Terminating the ELONgation

Is a reversal at hand?

If you ask most people about the sell-off earlier this year, they would blame the Ukraine invasion. The funny thing is that the invasion marked the BOTTOM, almost to the millisecond. February 24th!

Take Tesla (please!) Since February 24th, it has climbed 57%. Fifty. Seven. Percent. That's the kind of return one would hope for over a five year time span, …