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hungry_hippo
23 lis 2022 08:22

ES Update 

E-mini S&P 500 FuturesCME

Opis

MFI way overbought now

ECB and Fed minutes today. WOuldn;t buy into it with MFI overbought.

Komentarz

I'll wait until Fed minutes are released...

Probably hits the purple line then a dip

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Interesting how everything looked bullish until Euro markets closed.

Looks bearish now but watch out for the Fed minutes at 2pm, probably a big whipsaw, lol.

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Just a whipsaw day with more whipsaw coming later

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The fact that SPX and NDX are still green leads me to believe that they're gonna pump the Fed minutes.

Recommend waiting it out, another hour....

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Minutes will probably indicate .5% hike and the market will take taht as good news, lol

Lowering the amount of the hike isn't the same thing as a pivot, lol, but the market is stupid.

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If the market does tank, play it with next week's puts because Friday is a half day

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LOL, even garbage stocks like W went green in anticipation of a Fed pump.

Probably another 4 day short squeeze coming which means wait until Wed. If it tanks instead today, short at will.

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LOLOLOL, I was right, the market is stupid.

RSI hit overbought BTW. Staying out of this stupid market.

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High possibility of 4 day short ssqueeze, algos still pumping futures.

Will wait until next Tuesday or Wed then start trading again.
Komentarze
per_tannenberg
Totally agree!
per_tannenberg
Yep, ready to explode any second... Fed did not help us today lol...
Eric_From_PA
The VIX doesn't get south of 20 much these days. I don't know that tells us anything or not...
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