NQ Update

618
MFI went overbought, Europe looks bearish

Probably gonna whipsaw sideways today, possibility of a dip tomorrow with TSLA earnings and ECB meeting

ES chart is basically the same
עסקה פעילה
I was looking around for something to short, and PDD was green even though China looked bearish so I went with that. Now red, lol.

Not sure about the US, but the rest of the world looks awful bearish. Watch out for TSLA earnings.....
הערה
LOL, definitely did not see that coming, NQ and RTY pumped over 1% after European markets fell like 1.5%.

Huge short squeeze on a bunch of garbage stocks, but this is day 4 so the squeeze is probably over today.

Dumped my PDD puts at the $2 down mark, might re-short at EOD.
הערה
Whipsaw, staying out. Tomorrow is probably a pump and dump, but the way the market is acting it'll probably gap up then drop.

Market is rather bullish though, managed to recover from the futures dump unlike Monday afternoon. I expect a whipsaw day tomorrow, cn;t recommend going long or short.
הערה
ECB meeting tomorrow premarket so expect futures to whipsaw before open, not worth the heartburn
הערה
It's the Euros selling off futures, FDAX is down 1% again. Makes sense because of the ECB meeting.

Probably a flat open again tomorrow as Europe sells and US buys.
הערה
BTW, i figured out the reason for the mid day dump.... Italy
הערה
TSLA puts if you;re ballsy.... not gonna risk $2.5k on it myself
הערה
TSLA up AH, but I expect it will gap up and drop tomorrow.

The proper answer was apparently to short Bitcoin, lol. ECB rate hike is gonna start the drop....
הערה
TSLA only up a few bucks, it'll fill the gap almost immediately after open. No catalyst to move the market up tomorrow.

Gap direction will be determined by Euro reaction to ECB rate hike and press conference.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.