Waay overbought. Another drop coming in this stupid whipsaw.
ملاحظة
ES, YM, and RTY MFI also overboughtملاحظة
Definitey do not want to chase this gapملاحظة
NQ and YM got rid of overbought condition while ES and RTY are still way overbought.Could be a set up for an overnight tank like last week. Chart pattern on NQ is almost identical. Or maybe afternoon before close again, lol.
STaying out, it's easier to play the rebound on teh drops, rather than hoping for a tank.
ملاحظة
Market really didn't do much past the first couple of hours....Staying cash fading the gap tomorrow, whichever way it gaps
ملاحظة
Guessing that we probably won't see much of a gap.ملاحظة
Not really sure what's up, jobs numbers sucked, Pelosi said no partial packages, all indices were overbought premarket.Yet nothing tanked, odd. Just sideways drift after a decent gap up.
ملاحظة
Algos went straight for the pump right after close. Pump on low volume dump on high.Expect a gap up and dump tomorrow.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.