Professor’s 1.30 Update – Wed, Jul 1st, 2020

Posted by professor  at July 1st, 2020

Tomorrow, the BLS will be releasing the results of the June Jobs report. When I look at previous data on how the market reacted gong into the report with conditions similar to today, I see a clear tendency for the market to trade lower tomorrow….regardless of what the report says. So because of this, the Model will be adding to its ‘trial’ position in DXDs.. probably buying another 600 – 800 additional shares..

Looking for an entry point.

h

Not sure of the terminology we use? Check out these articles

The Hockey Stick Pattern
The Creation of Waves and Trends
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