NQ MFI almost oversold
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NQ MFI almost oversold, but no long positions until tomorrow because I think both Asia and Europe go down overnight.
Let the market whipsaw today, buy the morning dip tomorrow is my guess.
Let the market whipsaw today, buy the morning dip tomorrow is my guess.
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My read says whipsaw....Mid day melt up, Asians sell EOD, gap down tomorrow then up. Just gonna sit this out.
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MFI oversold on 3 hr again, but the algos know tomorrow is a gap down so expect a whipsaw finsish....EOD selloff came a bit sooner than I expected, there was money to be made there even for a day trade.
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Might even buy some TSLA puts if it finsihes red. The knife catchers are bound to panic if the market gaps down tomorrow.Commentaire
Nope, looks too bullish here. Maybe I'm wrong about gap direction. Staying out.Commentaire
Only bought 2 contracts, one for the gap and one to hold all day tomorrow. Just a small play.Commentaire
Everything sold off in the last 15 minutes before close.... financials, retail, tech, transport etc.Looks bearish for tomorrow, but we've all been fooled before
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Days like today show why it's important to pay attention to foreign markets.Commentaire
Not a convincing selloff by teh Asians, gap will be determined by teh Euros as usual.Asians look like they;re doing that weird alternating up one day and and down one day BS.
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