Commentary

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 we are now. If it gets down there, the rectangles become more important,

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