The afternoon weakness worsens the outlook a bit. The market today is positive CO but was weak enough OC to produce a daily loss which makes x2. x2 plays negative CO next day but is not bad OC. The blue horizontal lines are at the bottom of various unfilled gaps. Those are threatened, with the… Continue reading 12/9/20 – Late Afternoon Signals
"Never short a dull market" is a pretty good adage. The foxes are staying bullish. x6 is not as good as x5 and a strong finish will make the reading x7 which is not a big money maker but has played CO real well since the start of the 2nd quarter. The buy and hold… Continue reading 12/9/20 – Midday Signals
Same signals as early yesterday afternoon.