RTY Update

All other index futures went oversold except RTY MFI as mentioned last night. It actually hit overbought again, lol.

If you're gonna play the bounce, I suggest staying away from small caps. I'm guessing gap up and tank tomorrow for small caps, it's too close to support not to test it.

تعليق:

MArket appears to be done tanking for the day now that European markets are closed. I would stay away from small caps and Chinese ADRs though. See he Evergrande post I linked last night on my HSI post. Also, HSI1! MFI has not gone oversold yet, and neither has RTY1!

Everything else looks like it's due for a bounce but I'll wait to see what happens tomorrow

تعليق:

I think I'm gonna wait until RTY hits support before going long. Market acting strangely, would have expected a bounce by now.

تعليق:

MFI hit oversold and bounced this morning, whipsaw market....

Did not expect such a big gap up on this one considering how the indicators looked