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Day: May 13, 2021

Commentary, Methodology

5/13/21 Cycle Analysis 3x Bulls

May 13, 2021 Josef Friedman

Today is the first day in the Lower cycle in at least the last 31 days. The single descent to the Middle cycle before yesterday was contained there. The two xHL days occurred consecutively last week, the second one being the first candle of the two day sucker rally into the weekend. Ordinarily we would… Continue reading 5/13/21 Cycle Analysis 3x Bulls

Tagged 3XBulls, CyclesLeave a comment
Commentary

5/13/21 Stability At x00

May 13, 2021May 13, 2021 Josef Friedman

SPY almost tagged the 405 line which is the gateway to the rectangle. The top of the April Fool's Day pop out of congestion to 400 is the next target. However, the market has a good chance of stabilizing today with x00, which is the most reliable Specter/FF5s buy signal. QQQ is already back in… Continue reading 5/13/21 Stability At x00

Tagged qqq, SPYLeave a comment
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