Commentary

11/17/20 – Mid Afternoon Signals

The foxes are still unanimous, xFF has transitioned to xCF.

The QQQ chart is interesting to compare with SPY, The Mt. Lameduck pop is striking on SPY, as it was a significant new high, but QQQ gives another interpretation of the action. In both cases the 54 day SMA will likely absorb any minor weakness.

I think my new SeekingAlpha article will get published by Thursday. If trend following and vanilla strategies are combined, an investor will be long about 75% of the time.

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