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Technical Commentary on US Equities

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Day: January 22, 2021

Commentary

1/22/21 Afternoon Signals

January 22, 2021 Josef Friedman

xCC is good to be long but note the 47 in wCO. The daily signal could be x1, x5, or x7. None of those outcomes are bad, so longs should be maintained. The tail on price distribution makes guessing the end of these moves a fool's errand. Personally, I don't like the term "tail," "ass"… Continue reading 1/22/21 Afternoon Signals

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Commentary

1/22/21 Current Signals

January 22, 2021 Josef Friedman

The little pullback late yesterday afternoon wasn't bullish, but not ridiculously bearish either. Kzc13 went from xFF to xCF and the daily signal went from x7 to x6. x6 and x2 are the weakest daily signals lately. They both indicate positive CO and negative OC, x6 shows RR is positive. This morning's weakness is trivial… Continue reading 1/22/21 Current Signals

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