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Technical Commentary on US Equities

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Day: February 8, 2021

Commentary

2/8/21 Current Signals xFF/x3

February 8, 2021 Josef Friedman

The little pullback into about 2pm was a nice buy setup. The 14:00 candle stabilizes the very modest weakness. The idea is to buy when the top of the 14:00 candle is penetrated. The green horizontal lines are where a buy would take place and then there is a nice pop into the close without… Continue reading 2/8/21 Current Signals xFF/x3

Tagged SPYLeave a comment
Commentary

2/8/21 Afternoon Signals xFF/x2

February 8, 2021 Josef Friedman

Same signals as Friday, strong CO performance followed by consolidation OC. We are starting to get about a year away from March Madness 2020. The current value of $1 invested buy and hold is shown along with the natural logs for EtfL (L = Leveraged) . LABU made $7,04 for every dollar invested on 3/31/20.… Continue reading 2/8/21 Afternoon Signals xFF/x2

Tagged LABU, SOXL, SPY, TNA, TQQQ4 Comments
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