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SPY – Support in the Light Blue Zone
$SPY dropped this week from the narratives surrounding inflation data and delayed rate cuts. However, I think SPY is building support in the light blue zone, and there could be a rebound back up towards the white resistance line over the next few trading days. For now I would monitor the light blue zone for […]Read More
PLTR Lost Support at the Yellow Trendline
$PLTR has been extremely bullish after the last earnings announcement. However, I think PLTR is losing some support at this yellow trendline, and the yellow trendline is now acting as resistance. I’ve been patiently waiting for a re-entry opportunity around $20, at the light blue trendline. I think there could be a dump headed into […]Read More
Bitcoin’s Halving Event: What It Really Means And Why It Matters
If there is one topic dominating conversations in the cryptocurrency market right now, it is the eagerly anticipated Bitcoin halving event expected to happen next week on April 20. But why is this event so important? The most straight forward answer to that question is that this event has a significant impact on the supply […]Read More