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Technical Commentary on US Equities

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Day: July 2, 2020

Commentary

7/20/20 Still xFF

July 2, 2020 Josef Friedman

Looks like prices will end up near the top of the 16 day rectangle that started forming from mid-June. This is an area of resistance. More or less straight up since Monday.

Tagged SPYLeave a comment
Commentary

7/2/20 Probable xFF

July 2, 2020 Josef Friedman

Not much of a productive internal dialogue yesterday, as I bought SOXL soon after my mid afternoon post without waiting for the close. Fortunately, a strong bull move makes even a feeble long entry look prescient. SPY is taking out the prior two weeks bottoming tails. xFF is a classical Specter/FF5 buy. For the last… Continue reading 7/2/20 Probable xFF

Tagged SPY, TQQQLeave a comment
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