NQ RSI Oversold

NQ RSI now touching oversold, but I'm not going long until next week, bind yields exploding.

Good chance it gaps down Monday and goes further into oversold, I might play the bounce then. I think there's a high probability of a weekend crypto tank again.

Commentaire:

These yield based tanks are a bit hard to predict, I don't recommend buying the drop today, look the charts over during the weekend and decide what to do next week.

Should've stuck to my motto and shorted garbage, every garbage stock down big today.

Commentaire:

We got a small bounce off the oversold condition right after I posted this, but like I said earlier it's also not worth playing.

You need perfect timing just to make a little money

Commentaire:

We may see margin call selling EOD, I don't think we'll see much of a short covering pop, most of the shorts were squeezed out earlier this week