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NASDAQ and S&P Trade Around Resistance
Nvidia’s bullish earnings announcement gives hope that the S&P and NASDAQ can continue to rally. QQQ is currently outperforming the S&P, and QQQ has broken through the red resistance line. In comparison, SPY is trading below resistance still and there may be a bullish breakout for SPY later. Both SPY and QQQ are red today, […]Read More
NVDA Rallies Above $1,000
NVDA continues to carry to stock market after reporting strong earnings, announcing a 10-1 stock split, and providing optimism about the future of AI. In terms of price action, NVDA has reached a new all time high above $1,000 per share. However, there is a key resistance level approaching at $1,043. The 10-1 stock split […]Read More
Ethereum ETF Decision Today
The SEC will make a decision for the spot Ethereum ETF today, and rumors are that the decision will be announced around 3:45 PM EST. This was the time that the spot Bitcoin ETFs were announced in January. In terms of price action, ETH formed a wick into the yellow zone reaching as high as […]Read More