Same light chop and mixed signals as yesterday, with the daily chart maybe showing why. There is supply available above this level, but buyers are also coming in just above last week's high. The four day pattern is interesting; QQQ and IWM are quite similar. Today acted more like xCC than x2.
Day: February 11, 2021
2/11/21 Current Signals xCC/x2
CO and OC are mixed between the two signals. The strong bullish environment is obvious because only 3 days out of the last 54 have been lower cycle and all 15 possible signals have been positive CC except for xFC and even that one isn't so terrible. The elevated win rates are also notable, numbers… Continue reading 2/11/21 Current Signals xCC/x2
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