Tesla Update: Waiting for confirmation

I don't have much time tonight, but I wanted to hop on here and at least give y'all some targets. Todays drop appears impulsive to me, but we need to await confirmation. As of now we have finally started to develop neg div on the micro's, so I expect us to make another low and then pop up for a smaller wave 2. These are unpredictable though and can be of any nature rather shallow, deep, short, or long. Don't forget we are in a downward trend and starting the beginnings of a wave 3 though. That means there will be very strong pressure to the downside and most retraces to the upside tend to be shallow.

One thing to consider is that time/structure wise...this can't be all of the main 1-2 of this C wave. I am starting to think the downward action since the recent $278.98 high is all a part of the primary wave 1 of C. This would allow for price to extend all the way down to my target of the low $180's. Time duration is something else entirely. There is still no way I know of to predict time. If y'all find a method let me know.

Anywho, these two target boxes are where I expect price to go next. Doesn't mean they have to; these would just be ideal movements based on the action we have seen thus far. Have a good night y'all and good luck tomorrow!!

Bonam Fortunam,
--Tyler