I guess Fed days were getting too predictable, so today there was no 14:00 reaction. I'm a little curious about the Fed buying SPY on market weakness. The 39 month simple moving average for SPY is at about 290. My guess is that they will support SPY at around 250. The 13month simple moving average… Continue reading 1/27/21 Afternoon Signals xLH/x0
Day: January 27, 2021
1/27/21 Current Signals xCC/x2
The negative CO action this morning is a bit negative for overall OC profit chances today but not too bad. VGT was dropped from the sector ETFs as it seemed overly similar to XLK. XLI is in a little worse shape than DIA which is the weakest of the broad based index ETFs. It looks… Continue reading 1/27/21 Current Signals xCC/x2
