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USOIL Rebounding Near the Midrange
USOIL has dropped below the light blue rising channel, and has been in a downtrend. There is a short-term rebound forming in the midrange between the green and red trendlines. Although USOIL is rebounding here, I think there is no clear direction for now. USOIL could continue to trend down towards the green trendline, and […]Read More
IWM Rebounds Back into the Red Zone
IWM has started to rebound back into the red zone. The price is still trading near the lows around $205.31, and I would monitor to see if IWM can form a successful breakout above $210.44 over the next few trading days. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSPY Trading at New ATHs
The S&P 500 is also trading at new all time highs. SPY is continuing to rally, and I have the white trendline as a key price target ahead around $540. ChartChamp socials: https://linktr.ee/realchartchamp
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