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NVDA is Approaching the Yellow Resistance Line
I’ve discussed this yellow resistance line as a key resistance target for $NVDA around $968 to $969. There was a strong rejection at this price target a few weeks ago. NVDA has found support from the white trendline below, and has rebounded back towards this yellow resistance line. I think both bulls and bears should […]Read More
March 25 NASDAQ Update – QQQ Drops Below the Yellow Trendline
$QQQ is also continuing to trade around the yellow trendline, and is starting off the week with a bearish gap lower. This bearish gap is below the yellow trendline, and I would monitor for a rebound for QQQ to continue trading around the yellow trendline before a steeper correction. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreMarch 25 S&P 500 Update – SPY Has Been in a Downtrend
Last week SPY had a bullish breakout above $517 after the March 20 FOMC meeting. However, there has been a selloff since this spike with two red daily candles, and today $SPY has opened with a bearish gap lower. As discussed in my last YouTube video, I think SPY continues trading around the white trendline […]Read More