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Feb. 28 NASDAQ Update
$QQQ is also trending down, and has reached the yellow support line. This yellow support line has been weak support so far, and QQQ has periodically traded below yellow support throughout since December 2023. I think there is a risk of dropping lower on this downswing. There is PCE inflation data that will be released […]Read More
Feb. 28 S&P 500 Update
$SPY is still below the white resistance line, and has been gradually decreasing over the past few days. I have $500 as a local support level for a potential bounce. The pullback is pretty weak, but SPY has been trending down. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreOnline Brokerage Webull Plans Public Listing
Webull, an online brokerage from New York, is going public by teaming up with SK Growth Opportunities Corporation. This means they’re joining forces in a deal that values Webull at $7.3 billion. The process should be completed later this year, pending approvals. Once it’s done, you’ll find Webull listed on Nasdaq with a new ticker […]Read More