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Stocks

IWM Starting to Face Resistance Between $205-$210

IWM opened with a bullish daily gap higher, but we are starting to see some selling within a key resistance zone. I do not want to see a rejection here so hopefully IWM continues to rally, and forms a bullish breakout above $210 to start a rally. Small caps are sensitive to price movements, and […]Read More

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Stocks

S&P, NASDAQ Continue to Rebound as BOJ Avoids Rate Hikes

Yesterday evening the Bank of Japan announced that they will not hike rates, which is helping to avoid a larger financial crisis in the short term. The stock market continues to recover, SPY and QQQ are having a strong rebound throughout the week. QQQ is approaching a resistance level around $454, SPY still has room […]Read More

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Crypto

Bitcoin CME Gap Between $59k – $63k

Over the past few months we’ve discussed how $60k has held as a key support level. Bitcoin dropped below $60k in early July and is currently below $60k again in early August. Right now there is a CME gap between $59k and $63k, and these gaps almost always get filled. Bitcoin is likely to rebound […]Read More

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