ClearValue Team Insights
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March 27 NASDAQ Update – Resistance at the Yellow Trendline
The NASDAQ has deviated away from the S&P 500, and $QQQ has been showing relatively more weakness compared to $SPY. Yesterday QQQ had a rejection off the yellow trendline, and today there is a second rejection forming at the yellow trendline again. I think QQQ is struggling to climb back above the yellow trendline, but […]Read More
March 27 S&P 500 Update – Red Candles Above the Resistance Line
The S&P 500 started the day with a bullish gap higher. $SPY is still trading above $520, and there have been four consecutive red daily candles and counting. Today’s daily candle is also red despite opening with a bullish gap higher, and $SPY has traded above the white resistance line for a week. I think […]Read More
ICP’s Bullish Momentum and $22.61 Price Target
$ICP has started to show some bullishness this week, and has entered into the red resistance zone. There is still some more room for upside towards the upper end of this red resistance zone around $22.61. ChartChamp socials: https://linktr.ee/realchartchamp
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