ClearValue Team Insights
Stay ahead of the curve by accessing the most recent insights from our expert team. Dive into comprehensive analyses and timely updates covering a spectrum of investment-related news and events.
SPY Likely to Rebound Soon
SPY has been in a downtrend over the past few days, but could form a rebound soon. SPY is attempting to flip the previous all time highs from resistance to support at the green trendline around $524.20. ChartChamp socials: https://linktr.ee/realchartchamp
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US Bonds Dropping as Yields Spike
TLT is trading near historical lows around $82.40. The current price is around $89 and TLT is in a downtrend. I would monitor the price action on the way down for a buy opportunity. I wouldn’t mind DCAing on dips in case if the price doesn’t reach $82.40. ChartChamp socials: https://linktr.ee/realchartchamp
Read MorePFE in a Downtrend
PFE had a nice bounce off the white buy zone, but has started to reverse before reaching the green resistance line. I would monitor for any buying opportunities in the white buy zone between $24 and $26.50. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreNVDA’s Stock Split Leads to Bullish Breakout
NVDA announced a 10-to-1 stock split that will occur after market close on June 7. This stock split has helped NVDA rally above a strong yellow resistance line. NVDA is forming the biggest bubble in stock market history. I think there is still room for the bubble to grow, especially with NVDA launching their new […]Read More
Spike in DXY, VIX, and 10 Year Bond Yields
The Fed’s recent comments are leading to a pessimistic outlook for a Fed pivot in July or September. The U.S. Dollar Index (DXY), VIX and 10 year bond yields all spiked today. These three charts have an inverse correlation with stocks, bonds, crypto, and commodities. So it will be important to monitor whether the spike […]Read More
IWM Rejected at the Red Zone
IWM faced another rejection in the red zone, and has also opened with a bearish gap lower. I would monitor for a short-term reversal for bulls to make another attempt for a bullish breakout. IWM is seasonally bullish this week and next week, which can provide enough momentum for a successful breakout. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreS&P and NASDAQ Daily Open with a Bearish Gap
SPY and QQQ had a bearish daily candle open with gap lower. The gap for SPY is a bit hard to see, it looks like a dot on the chart so I added an arrow. SPY is well below the white resistance line, and is struggling to climb up. QQQ is showing relatively more strength […]Read More
ETH Rejected at $3,900
ETH also was rejected at the lower end of the yellow zone around $3,900. The price is still holding up pretty well around $3,800. ETH is currently in a downtrend, and I would monitor for a short-term reversal. I will give an update when ETH reverses (unless I’m sleeping). This week’s monthly candle close will […]Read More
BTC Rejected at $69k
BTC failed to break through the $69k resistance level, and is in a downtrend right now. I would monitor for a short-term reversal. The next key support level is around $65k. The Friday weekly candle close will be important, the rest of the price action is just noise. As discussed yesterday, BTC needs to have […]Read More
SUI Approaches Resistance Against Bitcoin
SUI has experienced a strong bullish rally over the past few days, and is now approaching a key resistance target relative to Bitcoin on the SUI/BTC pair. I think there is likely to be a selloff here, and I’m taking profits around $2.10 – $2.12. On the SUI/USD pair, SUI is trading near resistance from […]Read More
BTG Rejected in the Green Zone
Gold has performed extremely well over the past few months, and BTG is starting to show some bullish momentum near the lows. However, BTG is facing resistance in the green zone between $3.31 and $3.46. I would be careful for some downside after this rejection. If BTG starts to rebound I would monitor for a […]Read More
Buyers at $0.235 for HOLO
HOLO has been building support around $0.235, and these bulls have sent the price back up to the $0.28 resistance level. I think any moves below $0.24 should be perceived as buying opportunities. HOLO will undergo a reverse stock split on Oct. 9, and could still experience some downside after the split. For now I […]Read More