RSI and MFI both overbought, same with YM and RTY. NQ MFI is not overbought....
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I flipped my PDD puts, I figured I got lucky picking the right stock on yet another pumptarded day.
Everything is overbought, so I may enter back into some puts later today. As I type this I can see PDD already went green again, lol. Market is so pumptarded, better have perfect timing if you want to short anything.
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PDD popped up big for a double top so I bought puts again, lol. I don;t usually day trade but it's too easy on options expiration when the stock is up 20% this week. All biased towards calls which means seller at the end of the day
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Futures selling off but funds buying the dips, lol. Makes sense though, that's what the algo want, pump and dump it to 401k funds.
Bearish for Monday but it may just go sideways at this rate.
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Insane... market still melting up. Small position in PD and XPEV puts, but I think that's all I'm going to hold over the weekend.
Possibility of more stimulus pumping despite being overbought, strong posibility of a melt up coming.
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