The TLI and RLI are both swinging back in bearish territory. Oh, and next week we will announce our third leading indicator!
Also, Elon is canceling work-from-home and one wonders if TSLA shareholders are feeling a wee bit abandoned...
The 10 days ahead: TOGGLE Leading Indicator
The TLI is the aggregate of all TOGGLE Insights, leading the markets by 10 trading days. Check it out live on the web!
And for those looking for accuracy analytics, here’s our statistical assessment for the TLI:
The Range Leading Indicator
With yesterday’s monster day, the RLI is currently moving back towards oversold levels. From next week, we will move the RLI to Thursday’s Daily Brief.
General Interest - Elon is having fun at Twitter
The Verge reports about Elon’s first meeting with Twitter’s employees. It’s a worthy read showing Musk, for all his snake oil salesmanship, is a deep thinker.
Here’s some highlights: (a) Twitter will become a payment platform, (b) Twitter will seek to explore the short video space, and (c) no more work from home!
Read more here.