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hungry_hippo

ES1! SPX Futures Overbought on 3 Hr

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
3 hr chart shows futures overbought on RSI with a huge divergence on MFI. Look at how they pumped futures on low volume pre-market and then dumped them after open.

Intraday SPX chart pattern indicates that we'll probably gap up Monday especially with C and GS reporting before market open. Wait until next week to short anything besides healthcare, pharmaceuticals, Brazil, Turkey, and NFLX (lol).
Comment:
Looks like the computerz tried to take advantage of the low volume to pump futurez and it didn't work.

Still thinking the market gaps down tomorrow but closes the gap.
Comment:
It would appear that the computerz are back to pumping futurez overnight. Pump and dump, repeat and rinse.

Be careful what you short.... lots of shorts gettin' squeezed.
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