ES MFI hit oversold
تم تحديثه
ES MFI hit oversold, normally that's bullish....
Not really sure though, and I'm not feeling very bullish, so probably staying out. Keep in mind MFI can go oversold for a while.
Bond yields are down so NQ is up, but I'm still expecting a whipsaw week. Might be easier to short and overbought condition or look for an obvious pattern latter in the week.
Busy with other stuff, I might take the week off, we'll see.
Not really sure though, and I'm not feeling very bullish, so probably staying out. Keep in mind MFI can go oversold for a while.
Bond yields are down so NQ is up, but I'm still expecting a whipsaw week. Might be easier to short and overbought condition or look for an obvious pattern latter in the week.
Busy with other stuff, I might take the week off, we'll see.
تعليق
I guess the reason why I'm not feeling bullish is because the chart pattern looks like a bear flag, and RSI did not go oversold yet.تعليق
No wonder why I wasn't feeling bullish, sector rotation. Small caps down, tech up.My radar is 50/50 red and green, lol.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.