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UPST Rejected at $45.10
UPST experienced a rejection at $45.10 and has been trending down. I would monitor for a bullish rebound, I think UPST can trend up a lot higher over the next few months. There is an attempt to form a bullish rebound around $32, I would monitor to see if that rebound is successful for UPST […]Read More
IWM is Neutral in the White Zone
IWM was initially showing signs of a bullish rebound within the white zone, but has lost its bullish momentum. The price action looks neutral and slightly bearish here, and I would like to see a rebound forming this week. Most charts look neutral as investors are waiting for the CPI data announcement tomorrow. I think […]Read More
QQQ Rebounds from Key Support Zone
QQQ has also rebounded from the green support zone, and looks slightly bullish as we approach tomorrow’s August CPI data. I have the yellow trendline as my first key resistance target around $468.50 to monitor for a break or rejection. For those of you wondering about shorting the market, I prefer to look for shorts […]Read More