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.
Bitcoin: Be Greedy When Others are Fearful
Yesterday evening and overnight BTC has dropped below the support line of the bull pennant. There have been wicks below the bull pennant so dips down to $58-59k are still fine as long as they get bought up. This dip is a bit more concerning with a steeper drop down to $57k and the price […]Read More
QQQ Still Slowly Trending Up Despite the Pullback
QQQ is still making some slow progress to the upside despite yesterday’s selloff. I would monitor for a rebound and continued upside over the next few trading days. However, traders and investors are patiently waiting for FOMC so we’ll see how the markets are looking in a few hours after the FOMC announcement. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSPY Retesting Support at $500 Again
Yesterday’s selloff has caused SPY to drop back down to $500 again. There is support building up at this $500 support level headed into today’s FOMC announcement. Powell’s speech will be very important for influencing the market sentiment. This is important because investors are confused and worried about the direction of the U.S. and global […]Read More