Commentary

2/2/21 Current Signals x30/x7

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 SPY was CO>0 for the 63 sample days. x7 appeared 21 times and was profitable for 13. 13 and 21 are Fibonacci numbers.

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