Sellers Rejected or just Warming Up?

Tesla added to the S&P 500 today as the 6th largest company in the index. For every $10.60 move in TSLA is worth $1 in the SPY that means TSLA is directly responsible for today’s down day. However, all eyes should be on the financials which held the market together today. If financials break it could be the start of a much bigger move for the entire market. Here’s what to look for next after today’s volatility…

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