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hungry_hippo

ES Daily Update

S&P 500 E-mini Futures (CME_MINI_DL:ES1!)  
hungry_hippo Updated   
CME_MINI_DL:ES1!   S&P 500 E-mini Futures
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I don't like the fact that the market didn't bounce with MFI oversold on my 3 hr chart, so at this point, I'm inclined to wait until the daily indicators go oversold before buying the dip.

Why give away your profits for the year? Makes more sense to be cautious. Gonna sit back and watch Iran and Israel do their thing.
Comment:
You gotta love the fact that the Euros expect Israel to de-escalate, and the Americans expect them to hit back.

Market was due for a correction anyways, cash is good.
Comment:
I think we see a substantial gap down when Israel strikes, inclined to just stay cash.
Comment:
Probably gonna stop posting until the daily hits oversold. Until then it's a daily crapshoot on Israel/Iran.
Comment:
Daily RSI hit oversold during Asian hours
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