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Technical Commentary on US Equities

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Day: January 14, 2021

Commentary

1/14/21 Afternoon Signals

January 14, 2021 Josef Friedman

xFF plays well CO but not OC. On the other hand, today is x6 which means OC is currently negative which is weak CO. That could easily change to an x7 if SPY closes higher than 380.59. In any case, xFF is the more solid interpretation.

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Commentary

1/14/21 Current Signals xFC

January 14, 2021January 14, 2021 Josef Friedman

Afternoon strength saw the signals close at xFC instead of xCC. A natural log return of .69 is doubling your money. Four of the magnificent seven have accomplished that in 54 days, breaking the 1% per day compound return barrier for the period. They are TNA, FAS, LABU, and SOXL. The daily Octal signal of… Continue reading 1/14/21 Current Signals xFC

Tagged FAS, LABU, SOXL, SPY, TNALeave a comment
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