Written by Forrest Crist-Ruiz
Two of the major Crypto Currencies including Ethereum ($ETH) and Bitcoin ($BTC) are looking to clear and hold over resistance.
Bitcoin at 40 – 42k and Ethereum at $2900.
Their next test is to hold at …
Written by Forrest Crist-Ruiz
In the past couple of weeks, the market has shown to have higher volatility paired with scattered daily price action.
With the recent discovery of yet another Covid-19 variant (Lambda) and with the spread of the …
Written by Forrest Crist-Ruiz
For the past week, the major indices have been very choppy.
Without clear direction in the indices, volatility has increased making price swings faster and thus tougher to time.
However, times like this prove how important …
Written by Forrest Crist-Ruiz
The small-cap Russell 2000 index (IWM) cannot make up its mind.
For the past three trading days, IWM has not been able to clear a pivotal resistance area created from the 50-Day moving average at $225.…
Written by Forrest Crist-Ruiz
The past week's earnings have set the market stage with large tech companies such as Apple, Google, and Microsoft beating earnings estimates.
With that said, prices look to be waning not only in the large tech …
Written by Forrest Crist-Ruiz
Google recently joined the list of growing companies to postpone their back-to-work plans as the Covid-19 delta variant continues to spread.
Along with Google, Apple has previously extended working from home for the same reason.
With …
Written by Forrest Crist-Ruiz
As the Covid-19 Delta variant spreads across the United States, the CDC continues to update its guidelines to mitigate further spread.
Although we don’t know if there will be any nationwide lockdowns or reduced travel restrictions …
Written by Forrest Crist-Ruiz
Three of the four major indices including the S&P 500 (SPY), Nasdaq 100 (QQQ), and the Dow Jones (DIA) inched to new highs, while the Russell 2000 (IWM) struggles in its current price range.
It is …
Written by Forrest Crist-Ruiz
The week started with a large rally and is now ending with the Nasdaq 100 (QQQ) and the S&P 500 (SPY) at all-time highs.
Though the Dow Jones (DIA) is not far behind, the small-cap index …
Written by Forrest Crist-Ruiz
Two of the biggest by market cap cryptocurrencies including Bitcoin and Ethereum have perked up near the lows.
Both have been trending down for the past month and looked as if they would test their recent …