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Technical Commentary on US Equities

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Day: February 2, 2021

Commentary

2/2/21 Midday Signals xHL/x7 Top 20 Rational ETFs

February 2, 2021 Josef Friedman

Apparently GME was the old story of the twits against an ivy league MBA or three; pretty safe to assume both sides will get hosed. The trick is never walking into a place you don't know how to walk out of, as De Niro's character says in Ronin. Another safe bet is that XRT might… Continue reading 2/2/21 Midday Signals xHL/x7 Top 20 Rational ETFs

Tagged SPY, XME, XOP, XRTLeave a comment
Commentary

2/2/21 Current Signals x30/x7

February 2, 2021February 2, 2021 Josef Friedman

For whatever reason buying into the x30 near the close yesterday worked out pretty well. The voice is definitely whispering "Get out OC" despite TQQQ SPXL and UDOW hanging in here for a win, but we are also dealing with negative vibes from OC x30. The 38 on x7 CO>0 is the number of days… Continue reading 2/2/21 Current Signals x30/x7

Tagged SPXL, SPY, TQQQ, UDOWLeave a comment
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