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Strong Selloff for IWM and Small Caps
Over the past few weeks IWM has held strong while the NASDAQ and S&P continue to selloff. However, panic is starting to kick in this week and IWM has formed a strong selloff. There is a key zone between $205 and $210, IWM could potentially flip this zone from resistance into support here. Follow me […]Read More
TLT Shows Bullish Momentum Above $96
TLT has been trading sideways since Dec. 2023 near the red resistance line. July’s monthly candle close was slightly bullish, but TLT has started to show some strong momentum in August. TLT is currently above the $96 resistance line, and I think there could be a lot more long-term upside for U.S. bonds. 10 Year […]Read More
FET Rejected at the Red Resistance Line
The crypto market is continuing to trend down lower. FET had a rejection at the red resistance line, and is trending down towards the lows of the bull flag. I have support around $0.97 and would monitor the price on the way down. ALTS are likely to take a hit if BTC trends back down […]Read More