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hungry_hippo

ES Update

S&P 500 E-mini Futures (CME_MINI:ES1!)  
hungry_hippo Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Chart Patterns Technical Indicators S&P 500 E-Mini Futures SPX (S&P 500 Index)
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chartpattern indicator es1! spx
MFI heading down as I expected, I don't see a reversal happening until it goes oversold tomorrow.

I think there will be an opportunity to play the bounce tomorrow, not gonna short anything at this point. Seems overdone.
Comment:
Note RSI already touched oversold so it could bounce now, but the safer play is to wait until MFI is also oversold, then it always bounces.
Comment:
It does look like it's gaining some traction today, but tomorrow is the safer play
Comment:
Right idea, kinda put the arrow in the wrong place though, lol
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