ClearValue Team Insights
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GOLD Retesting Resistance as Support
GOLD has been extremely bullish as inflation starts to rise again. I have been bullish on GOLD for 2024, and we have reached new all time highs pretty quickly into the year. GOLD already broke above the last key resistance level at this light blue trendline, and is retesting this resistance as support here. If […]Read More
March 14 NASDAQ Update – Back Below the Yellow Trendline
The NASDAQ had a bearish reaction to today’s data as well. $QQQ has been trading around this yellow trendline for the past few months, and has dropped back down below the yellow trendline yesterday. QQQ remains below the yellow trendline today, but I’ve been patiently waiting for a steeper decline. For now I want to […]Read More
March 14 S&P 500 Update – Bearish Above Resistance
The S&P 500 had a bearish reaction to today’s data. The price action remains above a key white resistance line, but there is continued selling taking place here. The S&P 500 has been neutral above resistance for the past 3 days with highs around $517 and lows around $514. ChartChamp socials: https://linktr.ee/realchartchamp
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