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Stocks

April 8 S&P 500 Update – Neutral Price Action Below the White Resistance Line

$SPY had a strong selloff last week after bearish remarks from a Fed speaker. However, SPY also had a quick rebound and is now neutral below the white resistance line. I think there is more room for upside for SPY to climb up towards the white resistance line, and potentially above the white resistance line […]Read More

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Stocks

April 8 NASDAQ Update – Neutral Price Action for QQQ Near the Lows

$QQQ has been trading below the yellow trendline since March 25, and the price action has been neutral near the lows of this trading range. I think there is room for QQQ to trend up towards the yellow trendline, but for now the price action has been pretty bearish and neutral. I think the markets […]Read More

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Crypto

April 7 Ethereum Update – Slow Upside for ETH

Bitcoin has been outperforming $ETH, but I think we are seeing some slow progress to the upside. I still have the light blue resistance zone as a key price target ahead, but it’s taking ETH some time to climb up there. ChartChamp socials: https://linktr.ee/realchartchamp

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