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SPY Daily Open with Bullish Gap
The S&P also closed at new all time highs yesterday with a bullish close above the red resistance line. Today SPY opened with a bullish gap ~1% higher. SPY could continue to rally, and I have $592.35 as my next key price target. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreQQQ Leading the Stock Market Rally
Yesterday I discussed how the NASDAQ was showing the most strength. There was a bullish candle close at new all time highs yesterday, and QQQ has started an uptrend today. QQQ could rally to $500+ on this move. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreIWM Daily Open with a Bullish Gap
IWM has formed a very bullish reaction to today’s May CPI data, opening with a bullish gap 3% higher. The price is now trading within the red zone again, and I would monitor for a bullish break above $210.44 on this upswing. ChartChamp socials: https://linktr.ee/realchartchamp
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