ClearValue Team Insights
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March 7 S&P 500 Update
The S&P 500 also opened with a bullish gap higher today, and $SPY is trading above the white resistance line again. SPY has traded above this white trendline a few days ago, but had a rejection back down. I’m looking for a repeat of the same scenario for a drop below $512 here over the […]Read More
March 7 NASDAQ Update
The NASDAQ opened with a bullish gap above the yellow trendline today. Yesterday the yellow trendline held as support. I was anticipating a bounce here on the way down, now I’m waiting to see if this turns into a dead cat bounce before $QQQ starts to trend low. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreDOMA Pumping Into March 12 Earnings
DOMA has found support at $3.90, and is starting to show some bullishness headed into March 12 earnings. DOMA has consistently failed to meet earnings expectations, but managed to pump last earnings despite a poor earnings announcement. The two key price levels to monitor are $4.95 and $6.42. DOMA is already at the first price […]Read More