ES MFI touching overbought....
I'm flipping all my long positions in the morning. We might get the same situation as last Friday but i'm not sticking around to find out.
I'm flipping all my long positions in the morning. We might get the same situation as last Friday but i'm not sticking around to find out.
Trade closed manually:
Flipped everything on open, made back the money I lost on EWZ so up $2k for the week plus $1k in my 401k as well.
Definitely does not look like last week, I made the right call since MFI was overboguht
Definitely does not look like last week, I made the right call since MFI was overboguht
Comment:
Garbage stock short squeeze appears to be over, snagged some puts for next week
Comment:
BTW, this is how I've managed to stay green in my 401k without shorting anything... in and out quick.
I don't short anything with my retirement money, too risky. Quick long plays.
I don't short anything with my retirement money, too risky. Quick long plays.
Comment:
Boy that 3 hr MFI indicator is working out really well this week. Hope you guys learned something.
Comment:
COUP is my garbage stock for the week.
Comment:
All hell will break loose if AAPL breaks through support. I actually thought about AAPL puts and went with COUP instead
Comment:
Potential for a big drop Monday if the market finishes red today. Margin call Monday.
Do not buy any long positions today unless the market finishes greeen, which I doubt will happen. TSLA lost support, $550 is the next one.
Do not buy any long positions today unless the market finishes greeen, which I doubt will happen. TSLA lost support, $550 is the next one.
Comment:
TSLA might cause a crypto tank over the weekend, the same people invest in both and they'll have to decide which one to cash out to cover their margin calls.