RidgeHavenCapital

No question that this is a blow off top. Where does it end? Premarket open above the BB channel on Day and Week view.

Reasons the stock market could fall today: Government shutdown fears creating uncertainty and GDP drag White House instability after East Wing destruction shaking political confidence Rising China tensions and supply chain disruption fears New or expanded tariffs increasing costs and squeezing margins Inflation pressures staying elevated despite weak growth Stagflation worries combining slow growth with high prices Investor sentiment turning risk-off amid multiple uncertainties Corporate earnings at risk from weaker demand and higher input costs Global contagion from China or Europe worsening growth outlook

We may have a double or triple top before breaking down and having a 10% correction. Prior resistance post-election was $540 and the market blew through that level since April without stopping. Should be a support level.

Tesla's move since 9/11/25 has characteristics of a Blow Off Top Parabolic price rise Extremely high trading volume Widespread optimism or “fear of missing out” Sudden reversal and heavy selling The high appears to match prior highs from last year, making this a double top. Near the top, there was a period of distribution, as shareholders exited positions, creating new bagholders.

Declining volume, diverging RSI, sell-offs throughout the day.

Diverging RSI confirmed with today's faded rally. Lots of uncertainty with the shutdown, but also no release of government data. How will the Fed know to lower rates without data? Markets are at all-time highs, but also at all-time high VALUATIONS. P/S, Case Shiller PE, Earnings Yield, and others all pointing to a sell-off being needed to contain the bulls.

Possible reversal pattern. Lower Highs on RSI with Higher Highs on price. Daily candle is a hanging man.

Gravestone doji formed by 1:30 PM EST, showing a failure of the ETF to rally. The short pattern is still in play.

After the April Tariff collapse, the index rose significantly off of the bottom and blew right past prior highs. There is a need to back-test to the $540 range. Further, which the government taking fascist equity positions in publicly traded equities and threatening the independence of the federal reserve, there are black swans looming everywhere. Also, tariffs will soon start impacting inflation, just as cracks are forming in the job market. However, can you really rely on the data since the head of BLS was fired for telling the truth about jobs?Look for confirmation with a break below $560 with volume.Scenario 1: NVDA beats earnings, markets rally, and the economy looks strong → September rate cuts are canceled. Scenario 2: NVDA misses earnings, markets soften, and the economy looks weak → September rate cuts remain on course, but growth doubts emerge. Scenario 3: NVDA beats earnings, markets rally, and the economy looks strong. Trump removes Cook → Rate cuts stay on track, markets surge, but inflation accelerates to new highs. Scenario 4: NVDA beats earnings, markets rally, and the economy looks strong. Trump removes Cook, and Powell resigns → Rate cuts stay on track, Trump secures a 50 bp cut, stocks surpass dot-com bubble levels, followed by a crash and deep depression.

This stock is basically a leveraged ETF of BTC since the underlying business is declining and a small percentage of the total value. The stock is outpacing growth in Bitcoin and will soon collapse if Bitcoin doesn't move.