NQ Update
MFI scrolling down.
I posted a weekly chart a couple of minutes ago, it looks like we might get a big rally coming off the Fed meeting so watch out.
If short term (3 hr) and long term (weekly) indicators line up next week, it's gonna be big. Also,
NDX and QQQ hit oversold on daily MFI as well, but NQ1! did not. I thought that was odd.
That being said, I'm still hopping for a Friday/Mon tank again, because that would make the decision much easier to go long next week. Eitehr way I'll wait until 3 hr MFI gets oversold. Anything can happen over the weeknd, so no desire to hold a long position.
I posted a weekly chart a couple of minutes ago, it looks like we might get a big rally coming off the Fed meeting so watch out.
If short term (3 hr) and long term (weekly) indicators line up next week, it's gonna be big. Also,
NDX and QQQ hit oversold on daily MFI as well, but NQ1! did not. I thought that was odd.That being said, I'm still hopping for a Friday/Mon tank again, because that would make the decision much easier to go long next week. Eitehr way I'll wait until 3 hr MFI gets oversold. Anything can happen over the weeknd, so no desire to hold a long position.
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