Tesla's Bull Run May Be Ending
|Chaos Clinic for 8/14/2020
Tesla has been on a tear over the past 20 months. This chart shows that bull move. That move was forecast by the dark red Jupiter Energy cycle overlaid on prices.
That forecast is a XGO energy forecast, filtered to bring out the longer term cycle due to Jupiter, the bull planet. XGO is an energy forecast computed only from a stock's first trade date. The ZGO forecast is made by filtering the XGO data with a fixed length Zero Delay filter. The choice of a length based on Jupiter comes from the work of Grace Morris of AstroEconomics. She picks stocks to buy based on the Sun being in the sign of natal Jupiter.
The time lines at the top of the chart show two cycles: the Earth-Pluto cycle, and the 8th harmonic cycle of Jupiter. These two cycles synchronize at the two points shown.
In the TSLA natal chart, Jupiter is near 0 degrees, conjoin Uranus. This point anchors several cycles. It is square natal Sun and Pluto (EP time line). That square is frequency doubled to the eighth harmonic by Venus and Moon. That explains the 8th harmonic of Jupiter.
Also on the chart are harmonic vibration levels. Prices followed the first level, then rallied 3 levels, followed by a two level decline. Prices then shot up six levels. They have now dropped back two levels.
The forecast decline will probably not be as severe as forecast. Energy forecasts are arbitrarily scaled to price, so do better at forecasting time than price.
This content was published on Dr. Al Larson's Chaos Clinic which you can attend each Friday for free.
Dr. Al Larson has developed a complete Chaos Model of Markets, four unique courses that let you become a Certified Chaos Trader, some very unique eMylar fractal pattern overlays, and tools that permit forecasting individual stocks and markets years in advance. You can also sign up for a free weekly email, and attend a free Chaos Clinic on Fridays. To learn more, click on the author's profile.
Be sure to sign up for the free weekly email!
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.