RTY Daily MFI overbought

E-Mini Russell 2000 Index Futures (CME_MINI:RTY1!)

Mis à jour

CME_MINI:RTY1! E-Mini Russell 2000 Index Futures

chartpattern indicator rty1! iwm rut ym1! dow dji

Something I noticed while flipping through some charts, RTY1! daily MFI is overbought along with GM, PCAR, YM1! (Dow futures), Dow components like WMT, CAT, YNH, etc along with XLF (financial ETF).

Definitely not chasing a Fed pump even if my 3 hr indicators show oversold. My favorite stocks are overbought, that's a signal to take a pause. Will be shorting when 3 hr indicators go overbought.

Commentaire:

Note: I think there's a good chance RSI gets overbought as well probably next week. We'll see.

Commentaire:

Well, I warned you guys yesterday.

Daily overbought and 3 hr oversold so we got that bounce before the whipsaw and down.

I'm bearish for tomorrow.

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.