The analysis focuses on Tesla's (TSLA) weekly chart with key levels identified. A settlement above 361.30 suggests a potential 5 to 8 month target of 523.57. Increased volatility could accelerate this move. 458.82 acts as a significant channel top. The daily chart shows resistance at 454.36. A break above Monday's high of 444.98 should lead to 454.36. Dipping below 432.81 indicates a 399.19 target. A weekly close above 458.82 is bullish, targeting 523.57. The S&P 500 (SPY) is testing a five-year channel top, requiring a weekly close above it for a significant long-term buy signal. Two scenarios are given: selling TSLA strength at 454.36 or weakness below 432.81. Closing below 399.19 targets a retest of 361.30. Overall it expects if close below 458 to bullish continuation or expects close bellow then bearish trend.