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Day: May 12, 2021

Commentary

5/12/21 The Homestretch

May 12, 2021 Josef Friedman

There is a possibility that this structure tips over at around 405, putting the prospective move to 405 - 20 = 385. That is around the late March low, that puts the target above 370 which is the early March low. The 52 week SMA is at 355. The support at 410 proved to be… Continue reading 5/12/21 The Homestretch

Tagged qqq, SPYLeave a comment
Commentary, Methodology

5/12/21 Current Signal xLH

May 12, 2021 Josef Friedman

Back to the Middle Cycle. Signals (like xLH) are sefirot, the plural of sefira, which means something like number in Hebrew. The Kabbalistic meaning of the terms are much more nuanced, but "number" is still a pretty good definition. The middle cycle sefirot xLH and xHL are composites made up of less usual signals. Last… Continue reading 5/12/21 Current Signal xLH

Tagged MiddleCycle, SPYLeave a comment
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