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Technical Commentary on US Equities

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Day: September 4, 2020

Commentary

9/4/20 Probable x0C

September 4, 2020September 4, 2020 Josef Friedman

There is the technical issue of the broadening formation in the monthly charts. That describes major higher highs and lower lows. Obviously you can't let that affect your trading/investing too much because then you would be flat from March through today. This is similar to the daily chart in that price is extended high above… Continue reading 9/4/20 Probable x0C

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Commentary

9/4/20 xCF Going in

September 4, 2020 Josef Friedman

If you see the closing price extended above short term moving averages as we have seen for over two weeks, keep in mind that price can go down to hit the averages at any time. In this case the decline didn't even go through the 18 day SMA. It's important to have a plan for… Continue reading 9/4/20 xCF Going in

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