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March 22 S&P 500 Update – SPY Likely to Have a Correction Soon
Yesterday the $SPY daily candle closed red despite a bullish gap higher. However, I think SPY is likely to have a correction soon. For now the price is holding above $522, I think there could be a correction sometime today or early next week. I will post another update to see what the weekly candle […]Read More
March 23 Bitcoin Update – BTC Rebounds From Orange Trendline
$BTC had some bearish price action after failing to flip the orange trendline into support. However, this turned into tricky price action because after losing support BTC still managed to rebound and stay above the orange trendline. I think the price action is pretty neutral for now, and trading within a range between the yellow […]Read More
March 22 Ethereum Update – ETH Drops Overnight Without Reaching the Price Targets
$ETH has not reached the price targets yet, and has been dropping overnight along with Bitcoin. This looks like a post-FOMC selloff, and I think ETH is likely to rebound at some point today. ChartChamp socials: https://linktr.ee/realchartchamp
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