Commentary

10/16/20 xCC On Lipstick Day, Probable xCC at the Close

Depending on today’s action, the implications of the final weekly candle can be either positive or negative. The topping tail on the 357.32 candle of the week of Aug 31 along with this week’s action suggests resistance near 350.

There has to be a pretty good up move today to get xFC at the close.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s