Commentary

7/1/20 Probable xFM

Considering all the work it took to get up here, it would have been odd if this week didn’t see at least a probe of the previous two week’s topping tails.

xFM has happened four times in the past year, and twice in the second quarter. It typically does well close to open, but is negative holding all day.

My internal dialogue about what to do at the close is ongoing.

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