ClearValue Team Insights
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Neutral Price Action for S&P, NASDAQ Headed Into FOMC
Tomorrow will be a big day for the markets with an FOMC announcement headed into the July monthly candle close. There has been sideways price action for the S&P and NASDAQ over the past few trading days. I have resistance at $550 for SPY and resistance at $472 for QQQ. August is a seasonally bullish […]Read More
AMC is Forming a Bull Pennant
AMC has been neutral and trading sideways since May 13. I think AMC is forming a bull pennant pattern, and there could be a move coming sooner rather than later. IWM suggests that small caps could see some more upside in August so I’m leaning towards a bullish breakout for AMC in August. Follow me […]Read More
HOLO Building Support Between $0.44 – $0.46
HOLO has been trading sideways above a green support zone with support around $0.44 – $0.46. I don’t think we see anything exciting until August, which starts later this week. For now I would like to see the price hold above the green zone over the next few days. I’m seeing two key dates for […]Read More