ES Update

RSI up, MFI down, not quite oversold yet.

Indicators are all over the place, probably a whipsaw day. That's about all I can predict, lol.

Daily indicators reversed this week, so I'm probably bullish if it closes green today

Komentarz:

I'd imagine this is another pump and dump, I'd wait until EOD to go long if you're bullish.

Obviously a low volume pump, not sure how the market reacts to it

Komentarz:

Euros are bullish, Asia is bearish so we keep getting this freakin whipsaw where it's bullish until European markets close

In any case, clear rejection by the upper trendline, small caps especially meme stocks look weak

Algos are the only thing buying, looks like individual stocks are selling off

Komentarz:

Note: Meme and EV stocks tanking, TSLA is selling off

Komentarz:

The algos were buying this morning, if they hit the sell button, game's over.

Bull's only hope here is positive reaction to AAPL earnings. We know app revenues will be high but phone sales won;t be.

Komentarz:

Like I said, wait until EOD...

Doesn;t look good though. Plus if you hold anything overnight, you're betting on market reaction to AAPL earnings. TSLA beat and still went down so the same can happen with AAPL.

AAPL will beat because they warn if they're gonna miss

Komentarz:

SPX daily chart now a complete CF, lol.

No wonder why I can't predict the market

Komentarz:

Chart pattern suggests a double bottom tomorrow but pattern can be deceiving

Komentarz:

AH whipsaw in 5 minutes when AAPL earnings get released

Komentarz:

Futures charts look like an ECG chart, best guess for tomorrow is another pump and dump, seems like it's a daily thing now

Gap up finish red. No long trades until after AZMN reports next week.