Finally figured out why the market is getting so pumptarded, the weekly MFI hit oversold, lol.
I was looking at the weekly for a different reason, but that explains things. Weekly MFI getting oversold is a rare event, just look at the chart.
The big question now is if weekly RSI needs to go oversold before we get the big bounce. Will post a zoomed in chart in a couple of minutes, but I wanted to post this first. ES and RTY look similar.
I was looking at the weekly for a different reason, but that explains things. Weekly MFI getting oversold is a rare event, just look at the chart.
The big question now is if weekly RSI needs to go oversold before we get the big bounce. Will post a zoomed in chart in a couple of minutes, but I wanted to post this first. ES and RTY look similar.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.