ClearValue Team Insights
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SLV Attempting to Flip $27.31 Into Support
SLV has rallied above the first $27.31 price target, peaking around $29.46. SLV is now retesting the $27.31 in an attempt to flip this price level into support. The next key price target is $33.77 if SLV successfully rebounds and continues to trend up higher. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreUSOIL Rebounding Near the Midrange
USOIL has dropped below the light blue rising channel, and has been in a downtrend. There is a short-term rebound forming in the midrange between the green and red trendlines. Although USOIL is rebounding here, I think there is no clear direction for now. USOIL could continue to trend down towards the green trendline, and […]Read More
Surprising Slowdown in the U.S. Gasoline Market
As the summer driving season unfolds across the U.S., the gasoline market, usually a bustling hub of activity, is experiencing an unexpected slowdown. Traditionally, this time of year sees a surge in road trips, vacations, and heightened gasoline demand, which in essence drives prices upwards. However, this summer paints a different picture, one that has […]Read More