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Technical Commentary on US Equities

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Day: April 13, 2021

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4/13/21 Into the Homestretch

April 13, 2021April 13, 2021 Josef Friedman

Turned out to be the right move to cut IWM loose when it started behaving badly Apr 5 and 6. SPY/QQQ/ and IWM were quite bullish in late March/early April. This formation shows some intermediate tops. This could tip over, in which 234 - 208 = 26, 226 - 26 = 200. That fate is… Continue reading 4/13/21 Into the Homestretch

Tagged FNGU, IWM, MTUM, qqq, SMH, SOXL, TNA, TQQQ, XLP, XLULeave a comment
Commentary

4/13/21 Current Signal xCF

April 13, 2021 Josef Friedman

Probably have to get someone to look at my brain engrams to check how I thought xFC could resolve into xCC; not the first or last time I've done that. xCF OC has been a nice play to be long lately. It seems useful to split Semis into a group separate from Tech because the… Continue reading 4/13/21 Current Signal xCF

Tagged SMH, SOXL, TECLLeave a comment
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