Probably should have plotted this instead of ES1 this morning.
NQ sold off the overbought condition, indicators are neutral now. Hit the trendline, could go either way.
NQ sold off the overbought condition, indicators are neutral now. Hit the trendline, could go either way.
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MFI already hit oversold AH...
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… and here's the pump because it got oversold. Amazing, it appears that we're probably gonna hit a new ATH sooner than later..... during the worst pandemic in a century, lol.
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Apparently MFI being oversold is more important than Hang Seng dropping 1%. Usually futures move together, but apparently not tonight. Strange.
Meanwhile FDAX futures still melting up despite being overbought and small cap futures are up more than other indices. Looking a lot like a melt up at this point.
Meanwhile FDAX futures still melting up despite being overbought and small cap futures are up more than other indices. Looking a lot like a melt up at this point.
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I have no idea what this is doing, dragging ass along the oversold line on MFI.
Made some money with ZM puts overnight, though I hosed myself a little on XRT puts. Chart pattern reads are a lot riskier than trading on indicators. Wish I had shorted BYND instead of XRT.
Anyways, flipped everything, made my money for the week...
Made some money with ZM puts overnight, though I hosed myself a little on XRT puts. Chart pattern reads are a lot riskier than trading on indicators. Wish I had shorted BYND instead of XRT.
Anyways, flipped everything, made my money for the week...
The reversal could happen overnight.....