MFI staying oversold, indicators are broken, which happens during a tank. Basically means they've shut the algos off.
Look to me like it's a liquidity issue caused by rising long term rates. Impossible to tell when it will bounce...could be today, could be April, lol.
Look to me like it's a liquidity issue caused by rising long term rates. Impossible to tell when it will bounce...could be today, could be April, lol.
Comment:
Note, it broke through my orange line where I expected the bounce
Comment:
Gold and market down at the same time shows liquidity issues....
If you;re bullish, I don;t see a bounce until Euro markets close today
If you;re bullish, I don;t see a bounce until Euro markets close today
Comment:
Tech still looks weak, I think AAPL is a safer play than QQQ