Sounds a bit like the big guy is conceding and SPY has pretty much taken the summit of Mt Lameduck. Note, the dip below the yellow line was a head fake. The gapping nature of these advances makes things a little dangerous up here. Definitely a decent place to book some profits, but the foxes… Continue reading 11/24/20 – Midday Signals
Day: November 24, 2020
11/24/20 – Current Signals
It was such an obvious buy yesterday afternoon that I didn't bother to check the signals after the positive action into the close. I'm doing some Zmed1 analysis to account for the new strategies and think +9 might be a buy. Close to Open action puts SPY a little over half way up Mt Lameduck.… Continue reading 11/24/20 – Current Signals