MFI went oversold before market open, but RSI hasn't. MFI is a poor indicator for gap direction, gap will be dictated by CPI numbers premarket. Then we have PPI coming up on Thu.
ES is still in the channel though...
ES is still in the channel though...
Commentaire:
Not really sure what's going on this morning, lol. CPI numbers sucked as predicted, algos still trying to pump the market and keep ES in teh channel