ClearValue Team Insights
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S&P and NASDAQ Continue to Rally
The S&P and NASDAQ had a bullish week and has made some nice progress to the upside. There is similar price action for SPY and QQQ, both are approaching previous all time highs around $524.49 for SPY and $446.09 for QQQ. I think next week the markets will rally to new all time highs. ChartChamp […]Read More
IWM Facing Resistance at $205.31
IWM is attempting a bullish breakout, but is facing resistance at $205.31. I would carefully monitor this red trendline for a bullish break so that small caps can rally. This bullish breakout should help SOUN climb higher as well. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSlow Progress for the S&P and NASDAQ
The S&P and NASDAQ have been neutral and slightly bullish over the past few trading days. Today we received bullish news with worse than expected jobs data, which could encourage the Fed to cut rates sooner rather than later. SPY and QQQ are likely to trend up higher over the next few trading days. ChartChamp […]Read More