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.
QQQ Hard Drop Into Support
$QQQ has dropped from $442 to $430 this week, and is currently below a key light blue trendline. I think QQQ could rebound here and remain above the support level around $432. For now the price is below support, and I would monitor for a rebound back above the light blue trendline. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSQQQ Reached the First Price Target
$SQQQ has reached the first price target. The price action is bullish, but I think there could be a pullback with some resistance at $11.90. The markets are shaky right now and there is panic selling taking place. ChartChamp socials: https://linktr.ee/realchartchamp
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Powell’s Updated Outlook on Inflation and Interest Rate
Overview of Current Economic and Inflation Status Federal Reserve Chair Jerome Powell addressed the state of the U.S. economy and inflation during a central banking forum focused on U.S.-Canada economic relations. Powell highlighted that, despite the economy’s overall strength, inflation has not returned to the central bank’s 2% target. This ongoing situation suggests that interest […]Read More