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Stocks

SPY Potential Rebound Soon

We have a big week ahead in the stock market with a lot of big companies reporting earnings. The S&P had a very bearish week last week and I think we could see a rebound this week. It will be important to see if the Magnificent 7 reports strong earnings, and whether GDP and PCE […]Read More

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Stocks

QQQ Drops Below the Light Blue Trendline

$QQQ had a very bearish week with a steep drop below the light blue trendline. Next week I’m interested in seeing if the bleeding stops, and whether QQQ starts to trend back up to retest the light blue trendline again. ChartChamp socials: https://linktr.ee/realchartchamp

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Stocks

Bearish Week for SPY, Likely to Rebound Still

$SPY had an extremely bearish week with a strong decline from $513 to $499. This week belongs to the bears, but I think SPY has been trying to rebound. Next week we’re likely to see some sideways price action and attempt to rebound. ChartChamp socials: https://linktr.ee/realchartchamp

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