ClearValue Team Insights
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SPY Bearish Daily Gap Lower
Today the S&P opened with a bearish gap lower, and the market sentiment is somewhat bearish after GOOGL and TSLA reported worse than expected earnings results yesterday. SPY is near a key support level around $547, and I would monitor to see if this support level holds. There are a lot more companies reporting earnings […]Read More
CELH Approaches Key Support Level
CELH has performed extremely well over the past few months, and has formed a nice correction back down to a key yellow support line. There is support around $47, but the price has been dropping very quickly so I would give CELH some time to stabilize. I’m personally not interested in opening long positions right […]Read More
Ethereum ETFs Officially Go Live
Today Ethereum ETFs are officially listed for trading. In my reaction video to Bob Loukas, we heard Bob say that he thinks crypto investors will sell their spot positions and buy ETFs. We saw ETH selling ahead of the ETF listing so maybe investors are selling ETH to buy ETH ETFs. So far there has […]Read More