Waay overbought. Another drop coming in this stupid whipsaw.
הערה:
ES, YM, and RTY MFI also overbought
הערה:
Definitey do not want to chase this gap
הערה:
NQ and YM got rid of overbought condition while ES and RTY are still way overbought.
Could be a set up for an overnight tank like last week. Chart pattern on NQ is almost identical. Or maybe afternoon before close again, lol.
STaying out, it's easier to play the rebound on teh drops, rather than hoping for a tank.
Could be a set up for an overnight tank like last week. Chart pattern on NQ is almost identical. Or maybe afternoon before close again, lol.
STaying out, it's easier to play the rebound on teh drops, rather than hoping for a tank.
הערה:
Market really didn't do much past the first couple of hours....
Staying cash fading the gap tomorrow, whichever way it gaps
Staying cash fading the gap tomorrow, whichever way it gaps
הערה:
Guessing that we probably won't see much of a gap.
הערה:
Not really sure what's up, jobs numbers sucked, Pelosi said no partial packages, all indices were overbought premarket.
Yet nothing tanked, odd. Just sideways drift after a decent gap up.
Yet nothing tanked, odd. Just sideways drift after a decent gap up.
הערה:
Algos went straight for the pump right after close. Pump on low volume dump on high.
Expect a gap up and dump tomorrow.
Expect a gap up and dump tomorrow.