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Technical Commentary on US Equities

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Day: January 7, 2021

Commentary

1/7/21 Afternoon Signals

January 7, 2021 Josef Friedman

I haven't looked at the signals, but would bet they are all xFF. The very mild weakness seen in the state transition to a New Year has once again resolved in the middle instead of the lower level. The lower level hasn't even been reached in the month and a half sample period. The xFF… Continue reading 1/7/21 Afternoon Signals

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Commentary

1/7/21 Current Signals

January 7, 2021 Josef Friedman

I posted the afternoon signals yesterday just before I noticed the issue at the capital. From a stock market standpoint usually something like what transpired would be seen as a negative. However in this case, the couch potatoes have reversed their sickening 1.x% drop yesterday (on fears of giant couch potato regulation) and have almost… Continue reading 1/7/21 Current Signals

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