Commentary

7/17/20 – Probable xFC

At the moment the 13em signal (third character in xEM) is xEC, which gets converted to xCC. I’ll go out on a limb and predict xFC.

Hoping to finish my SA article this weekend. The trend signal is still quite favorable at 17. xFC, as discussed earlier this week, has been mixed in favorable trend situations and negative in unfavorable recently.

A lot of the technical interest today (and there hasn’t been much) is how negative the weekly QQQ candle would be.

Doesn’t seem too bad, at least the body doesn’t engulf last week.

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