Summer Rally or Trap? | SP500 New Highs, BTC Strength, TSLA + RKLB + QS + ASTS + RBRK Setups
In this weekly review, I cover the market’s breakout to new all-time highs — fueled by strong volume and momentum. While the trend is clearly up, the risk of a summer pullback still looms, and it’s crucial to remain tactical. I also walk through specific trade setups I’m watching in QS, TSLA, RBRK, ASTS, and RKLB. Bitcoin’s weekly chart continues to support further upside — it’s doing everything right for bulls so far.
If you’re new to Elliott Wave or need to refresh, there is a 7-hour video course with downloadable slides under EW Course tab on the website.
You can find it HERE.
Cris,
EWCafe
Deep knowledge.