This is the QQQ daily chart. The price is forming an apex, a dead center. When the price is compressed within the apex, a sudden swing is looming. Let's see where the breakout leads. A break above 530 suggests an upswing, while a break of 533 confirms the price entering an upswing. Breaking 526 leads down swing.
TSLA is showing signs of exhaustion today, institutional demand is building. Before confirming, we need to see a rally.