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Technical Commentary on US Equities

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Month: September 2021

Commentary

9/22/21 The Far Turn

September 22, 2021 Josef Friedman

There really wasn't any question about XLI eventually testing the 98 level, and this week that came to pass. The decline featured the semi-obligatory head fake as feeble holders saw their idiotically placed stops hit.. Deja vu all over again . As usual, the correct idea was to sell at the top which more or… Continue reading 9/22/21 The Far Turn

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OverView

9/7/21 The Homestretch

September 7, 2021 Josef Friedman

The long awaited post Labor Day market is here. If we are in a coal mine XLI might be a canary. It has moved down to challenge August lows without making a new high. All in all, just the same range bound action typical of the last 5 months.

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September 2021
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