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Technical Commentary on US Equities

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Day: December 11, 2020

Commentary

12/11/20 – Afternoon Signals

December 11, 2020 Josef Friedman

One can plausibly argue that the Nov 30/Dec 1 gap virtually closed today. The next one is from 5 days previous to that at about 357.50. My guess about kzc3x30 yesterday being not too significant isn't a major threat to win the Nobel prize for guessing next year. kzc3x33 for today looks pretty good with… Continue reading 12/11/20 – Afternoon Signals

Tagged LABU, SOXLLeave a comment
Commentary

12/11/20 – Current Signals

December 11, 2020December 11, 2020 Josef Friedman

Looks like the the current weekly candle will go down in history painted with red lipstick. Although the market is up over the last 15 weeks, the weekly win loss ratio is deteriorating. The foxes have no xF current readings. SPY is opening at the top of the Nov-Dec gap and close to the 18… Continue reading 12/11/20 – Current Signals

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