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QQQ Approaching $486.74 Resistance
The NASDAQ opened with a bullish gap higher today. Investors are bullish headed into Jerome Powell’s Jackson Hole speech tomorrow. I don’t think Powell will say anything significant, he usually dodges questions and avoids giving information ahead of FOMC meetings. QQQ is approaching a key resistance level around $486.74, and I think QQQ could trend […]Read More
HOLO Trying to Close Green for Two Consecutive Days
A few days ago I discussed how it has been a few months since HOLO has closed green for two consecutive days. Yesterday HOLO had a nice spike up from the $0.41 support level, and today HOLO is trying to break the streak by closing green for a second day in a row. I think […]Read More
Bitcoin Holds Above the White Support Zone for 6 Months
July and August have been shaky months for Bitcoin, but the price has remained above the white support zone between $58.4k to $60.3k. There have been large wicks down for discounted buy opportunities. 1 Red Month Left in 2024 History suggests that Bitcoin experiences 4 red months during the year of the Bitcoin halving. There […]Read More