ClearValue Team Insights
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CLF Lost Numerous Support Levels
CLF has been breaking down over the past few weeks, and is currently also losing support at a key white support zone between $11.77 and $12.23. I would monitor for a short-term rebound here or else CLF could continue to trend down lower. The price needs to climb back above $11.77. Follow me on social […]Read More
IWM Holds Above $210.44
There has been a strong selloff for Nvidia, the NASDAQ and S&P. However, IWM and small caps have held very strong throughout this stock market selloff. IWM is still trading above the $210.44 price level, and is attempting to flip $210.44 from resistance into support here. It’s taking a long time for IWM to rally […]Read More
QQQ Rebounds in a Key Support Zone
QQQ has also started to rebound within a green support zone. There is short term resistance around $464.83, if QQQ breaks above this price level there could be some more upside to the yellow trendline around $472.88. For now I would monitor for a break or rejection at this yellow trendline. Follow me on social […]Read More