The foxes are still consensus bullish with xCC. The last 16 weeks or so has shown overly excited action from the bulls that produced gaps between the close and open. In the two prior cases, the market pulled back from that action sharply. The last two weekly candles look a little like the black and… Continue reading 11/19/20 – Midday Signals
Day: November 19, 2020
11/19/20 – Current Signals
The late weakness yesterday caused only one signal change. xCC is typically the most volatile of the xF/xC combinations. SPY stayed within the parameters of Mt Lameduck but moved to the congestion area near the bottom. The congestion area extends down to about 347 though, which is 10 SPY points or 100 $SPX below where… Continue reading 11/19/20 – Current Signals
