RSI almost overbought but MFI bouncing from an oversold condition. No wonder why I was a little confused today.
Would appear that the computers were dumping futures while the market was being bought into. FUtures look a little weak right now (flat after getting an afterhours pump on earnings), but as usual it's going to be up to the EUros to determine the gap.
Have calls in a few stocks and Brazil (EWW). No position in indices.
Would appear that the computers were dumping futures while the market was being bought into. FUtures look a little weak right now (flat after getting an afterhours pump on earnings), but as usual it's going to be up to the EUros to determine the gap.
Have calls in a few stocks and Brazil (EWW). No position in indices.
Comment:
Ooops, I meant EWZ (Brazil ETF)
Comment:
If futures hold, NDX will retest the ATH tomorrow.