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IWM Forming a Bullish Breakout
IWM has been struggling to breakout above the red trendline around $200.76. There was one failed rally marked by the orange curve. IWM had a pullback below the red resistance line, and is now attempting another bullish breakout. This one seems a lot more promising, but I would like to see continued buy volume. The […]Read More
QQQ Approaching Previous ATHs
QQQ has been outperforming SPY, and is quickly approaching the $446.09 red resistance line. I would monitor to see if QQQ breaks through this $446.09 resistance target to reach new all time highs. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSPY Opens With a Bullish Gap and Some Selloff
SPY has opened with another bullish gap higher, there have been three consecutive daily candles with bullish gaps. However, today’s gap is also followed up with some sell pressure. This selloff is primarily due to Fed Kashkari speaking today. The last time he spoke there was a selloff so traders have been selling ahead of […]Read More