ClearValue Team Insights
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March 13 S&P 500 Update – SPY Continues to Trade Around the White Resistance Line
The S&P 500 also had a bullish reaction to yesterday’s worse than expected inflation data. SPY is back above the white resistance line, and is trending down for the day to test this white resistance as support again. The markets are waiting for some more important data that will be released tomorrow. For now SPY […]Read More
March 13 NASDAQ Update – QQQ Continues to Trade Around the Yellow Trendline
Yesterday the stock market had a bullish reaction to the worse than expected data, and $QQQ has climbed back above the yellow trendline. Today $QQQ is red and appears to be trending down to retest this yellow trendline as support. A lot of important data will be released tomorrow, and I think the markets are […]Read More
PLTR Strong Rejection at the Red Resistance Zone
$PLTR had a rejection from the red resistance zone, and is showing some bearishness for now. I think the price action will continue trading between the green support line and red resistance zone until PLTR finds a direction, which is a range between $23 and $27. ChartChamp socials: https://linktr.ee/realchartchamp
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