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Inverted Yield Curve at Risk of Rising
The inverted yield curve has been slowly rising, and is at risk of spiking up over the next few weeks. The steep corrections and crashes usually occur after the Fed pivot, so it is important to be cautious after tomorrow’s FOMC announcement. Realistically a steep correction can occur soon after the pivot or it could […]Read More
NVDA Faces Resistance at $119.50
NVDA continues to trade within a range between the yellow trendlines. NVDA is currently trading near resistance around $119.50, and is forming a rejection. I think NVDA is at risk of trending down over the next few days. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreSPY Bullish Gap Higher to All Time Highs
This morning the S&P opened with a bullish gap higher, and is trading at resistance near $565. There have been 6 green consecutive days in a row for the S&P, I’m expecting that streak to break soon and for the sellers to push the price back down. The S&P is approaching its worst performing dates […]Read More