Skip to content

Stock Market Analysis

Technical Commentary on US Equities

  • About
  • Methodology
  • Commentary
  • Contact

Day: June 19, 2020

Commentary

6/19/20 A Miscellaneous End to the Week

June 19, 2020 Josef Friedman

The failure to hold the opening levels was disappointing but not out of the ordinary for a quarterly options expiration. The little bull flag turned into a rectangle. Rectangles are consolidation patterns that are neutral and can last awhile. SPY (and DIA) are weak compared to IWM for a change. QQQ had a decent week,… Continue reading 6/19/20 A Miscellaneous End to the Week

Tagged SPYLeave a comment
Commentary

A Cute Bull Flag and a Pop

June 19, 2020June 19, 2020 Josef Friedman

SPY Daily The three day formation from June 16 through June 18 is a pretty bull flag. SPY bounced off a test of the 18 day moving average on June 16 and successfully turned around a probe yesterday. The bottom on June 18 occurred early in the day, and it was easy to get in.… Continue reading A Cute Bull Flag and a Pop

Leave a comment
June 2020
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Mar   Jul »
Blog at WordPress.com.
  • Follow Following
    • Stock Market Analysis
    • Join 27 other followers
    • Already have a WordPress.com account? Log in now.
    • Stock Market Analysis
    • Customize
    • Follow Following
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar
 

Loading Comments...