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Day: August 20, 2020

Commentary

8/20/20 Probable xCC

August 20, 2020 Josef Friedman

Note that the 8/11 and 8/19 xEMs are identical, but at the moment, today's reading might not not be xFFFF like 8/12, but that is still in possible. The mild weakness with the Fed minutes and Thursday morning was almost laughable while it was happening. The other major possibility is xFC, probably a good idea… Continue reading 8/20/20 Probable xCC

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Commentary

8/20/20 Daily SPY PSAR Threatened

August 20, 2020 Josef Friedman

I've been looking at Parabolic Stop and Reverse for a few years. That is the little green dots on the chart. It is tricky to code cleanly. The last break was July 24, which was a pretty good place to buy even though the general idea is to sell when that happens. A lot of… Continue reading 8/20/20 Daily SPY PSAR Threatened

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