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Technical Commentary on US Equities

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Day: March 12, 2021

Commentary

3/12/21 Afternoon SIgnals xCF/c1-o1

March 12, 2021March 12, 2021 Josef Friedman

xCF has been playing CO poorly lately, but the oQuatz will be favorable for the weekend, no matter how things finish today. If SPY can stay above 390 at the close, that would be positive. The recent negative xCF numbers don't seem that important here. The link is an article discussing the 10 year yield… Continue reading 3/12/21 Afternoon SIgnals xCF/c1-o1

Tagged qqq, SPYLeave a comment
Commentary

3/12/21 Current Signals xFF/o3>c1

March 12, 2021 Josef Friedman

The daily QQQ chart is shown with the two down waves of equal length: 338-311 and324-297. After the bottom, it has retraced 50% of the loss, but is looking weak today before the open. xFF performance has been supporting prices in the upper cycle. I'm guessing that is not the way things will continue to… Continue reading 3/12/21 Current Signals xFF/o3>c1

Tagged qqq, SPYLeave a comment
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