MFI touching oversold but there's a gap below that needs to be filled.
I guess my prediction for a whipsaw week is gonna be right, lol.
None of the other indices are oversold so we may see a rotation into tech after the gap fill.
I guess my prediction for a whipsaw week is gonna be right, lol.
None of the other indices are oversold so we may see a rotation into tech after the gap fill.
Komentarz:
Flipped my puts on the opening gap fill, I told you guys the futures gaps always fill. Website is broken so no updates, and I have no idea what the market is doing. RTY did not get a full gap fill so it could cycle right back down, lol.
I fulfilled my promise of whipsaw though. And I don't plan on going long unless both MFI and RSI get oversold. Even without the charts site working, I know the market has to go deeper in teh red before RSI gets oversold.
I fulfilled my promise of whipsaw though. And I don't plan on going long unless both MFI and RSI get oversold. Even without the charts site working, I know the market has to go deeper in teh red before RSI gets oversold.
Komentarz:
RTY trying to fill that gap now
Komentarz:
MFI still oversold but looks like the market is having issues pumping the market because bond yields went up a lot.
The only stocks the market is buying are AAPL and TSLA, lol
The only stocks the market is buying are AAPL and TSLA, lol
Pretty stupid pump considering they missed last quarter