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Technical Commentary on US Equities

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Day: February 10, 2022

Commentary

2/10/22 – The Homestretch

February 10, 2022 Josef Friedman

SPY Daily Fib Retracement The view that the bottom was put in on Jan 24, was optimistic, but not ridiculous. SPY made a recovery to 61.8 Fib line which is close to the 54 day moving average and is encountering resistance. The recent pattern with the gaps to minor highs is not very reassuring. This… Continue reading 2/10/22 – The Homestretch

Tagged qqq, SPYLeave a comment
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