Overbought on RSI and MFI, FAANG stocks are what's propping up SPX as NDX goes parabolic.
The question here is do we get an exhaustion gap tomorrow or does it drop tomorrow with another pump on Friday?
Hard market to predict, it's just so pumptarded, but a drop is coming soon. I don't expect a tank, but I'm sure this will back test the previous high.
The question here is do we get an exhaustion gap tomorrow or does it drop tomorrow with another pump on Friday?
Hard market to predict, it's just so pumptarded, but a drop is coming soon. I don't expect a tank, but I'm sure this will back test the previous high.
Comment:
There's the next leg down, retested the old high as I expected.
Updated the chart.
Updated the chart.
I think the dump is over, but possibility of another leg down.