The negative CO action this morning is a bit negative for overall OC profit chances today but not too bad. VGT was dropped from the sector ETFs as it seemed overly similar to XLK. XLI is in a little worse shape than DIA which is the weakest of the broad based index ETFs. It looks… Continue reading 1/27/21 Current Signals xCC/x2
A slightly better than average day for the 3x Bulls. I've been doing some technical work with portfolios which requires some attention. My code used to be a practical limit of about 40 securities that could be analyzed simultaneously, but now that number is in the hundreds. This group had a tough 2018 but has… Continue reading 12/17/20 – Afternoon Signals
This is negative, All four of the xEM numbers will go x0F without some late day rally. The big question is whether the low made earlier in the day will will hold. IWM, DIA, and XLI look technically quite weak. IWM is worst as usual. IWM The 13 month is crossing below the 39 month… Continue reading 6/24/2020 x0F
XLI reversed at the expected Fib level. Expecting the advance to halt below 76.
Worth noting when s stock makes a weekly triple top spread over 16 months, with similar structures.