ClearValue Team Insights
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Strong Selloff for Ford After Earnings
F has taken a steep drop after reporting earnings, and I think there will be more downside to come. The seasonality trend is bearish until the end of September. There is a short-term rebound at $11.16, and I have $10.56 and $9.72 as other key price levels to monitor over the next few months. Follow […]Read More
IWM and Small Caps Hold Strong Throughout this Downtrend
While the S&P and NASDAQ have been in a sharp downtrend, IWM and small caps have held up strong. IWM is still trading above $220, and is likely to rally up to the $233.10 price target. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreNASDAQ and S&P Likely to Rebound Soon
S&P Continues to Trend Down Although the NASDAQ and S&P have been trending down, I think both are likely to rebound after next week’s FOMC announcement. I’m waiting to see what the monthly candle close looks like, I think we could rebound near the last few days of the month. My current forecast for QQQ […]Read More