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Technical Commentary on US Equities

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Day: May 20, 2021

Commentary

5/20/21 The Homestretch

May 20, 2021 Josef Friedman

SPY isn't too far from doing something positive like poking above 417,49. The air cushioned support at 404 should probably be given a little respect. QQQ has looked good, already making an eight day high with a reasonable looking double bottom at 316. The 18 day SMA is a downward sloping trendline, which might be… Continue reading 5/20/21 The Homestretch

Tagged qqq, SPYLeave a comment
Commentary

5/20/21 Current Signal x00

May 20, 2021May 20, 2021 Josef Friedman

The 50/100/200 return study shows the couch potatoes in their usual top position, and with growth beating value. Note how well the value dogs SPLV and USMV play OC while getting hosed CO. Playing the 3x Bulls OC is really a waste of time and money. Note how the UDOW tOC loss of 0.20 ranks… Continue reading 5/20/21 Current Signal x00

Tagged qqq, SPLV, SPY, UDOW, USMVLeave a comment
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