Commentary

10/22/20 Current Signals

Zcon1, em13, and m13m21 are all xMC but still enough strategies have buy signals that zomb1 is long. The high wire act above the 341 SPY neckline continues. This pattern seems like equal chances to break either way.

The current numbers are at the 38 fib line and near the 18 day SMA, no special reason to not play this to the upside. The action from the 354 high on Oct 12 could be thought of as a little longer than a perfect bull flag, which could suggest a move to 375.

Can hardly wait for the Giants/Eagles game tonight.

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