ES hit the bottom trendline, but like I said last week, I'm not going long until both RSI and MFI hit oversold. Quit frankly I'm scared to hold any long position overnight, so probably just gonna day trade tomorrow if it does go oversold.
I didn't post this morning because I wasn't quite sure what the market was gonna do, MFI hit oversold premarket, but the market sold off the gap right away. Looks to me like I'm not the only one waiting for RSI to go oversold.
I'm under the assumption that the daily indicators will hit oversold, so there will be a better play in a week or two anyways.
I didn't post this morning because I wasn't quite sure what the market was gonna do, MFI hit oversold premarket, but the market sold off the gap right away. Looks to me like I'm not the only one waiting for RSI to go oversold.
I'm under the assumption that the daily indicators will hit oversold, so there will be a better play in a week or two anyways.