The resistance at 390 was overcome, probably the 2pm pop was helped by short covering. This achievement will not mean much if SPY pulls back below 390 into the close. The rally today is from strength in the non couch potatoes. Value continues to beat growth. Note the 1.55 median return today for Value vs… Continue reading 3/10/21 Afternoon Signals xFF/c3>o3
Day: March 10, 2021
3/10/21 Current Signals xHL/o3>c3
The down trend from Feb 16 is still intact but it looks like it's remaining days may be numbered. Mr and Mrs Moneybags have been on a SPY dumping project for the last several weeks and don't want to sell for a penny less than 390. Maybe they are just front running even more wealthy… Continue reading 3/10/21 Current Signals xHL/o3>c3
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